Answer:
Erica should attend and testify normally to the subpoena. If we check the Uniform Securities Act we can see that there is no reason to fail to attend and testifying for a subpoena and no individual can be prosecuted or subjected to any penalty for testifying.
Explanation:
The Uniform Securities Act is a model statute designed for guiding each state in the design and draft its security laws, it is also adopted by the states to deal with securities fraud at the state level.
Answer:
C. It enacted the idea of nullification and declared the law null and void
Explanation:
The tariff of abominations, effectively increase the import tax for foreign products. This legislation affected a lot of states in the south which at that time imported large portion of their raw materials from Great Britain and France.
In response to this, Several southern states outright refused to follow the federal legislations regarding this tariff.
They argued that the Tariff of Abominations was unconstitutional and they refused to implemented within their region. This refusal is what commonly considered as 'Declaring the law null and void'
True.
A corporation is a legal entity separate and distinct from its owners. Corporations enjoy most of the responsibilities and rights that an individual possesses. That is to say that a corporation has the right loan and borrow money, enter into contracts, sue and be sued, hire employees, own assets and pay taxes.
The most important aspect of a corporation is limited liability i.e. shareholders have the right to participate in the profits, through dividends and appreciation of stock, but are not held personally liable for the company's debts.
