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Mark Hubbard has been very successful in the cattle business over a number of years.
Hubbard has decided to establish a cattle program as an investment tool. He will
purchase cattle with investors' money and then provide medical care, feed, and
transportation on a service contract basis. The profits then will be divided
proportionately among the investors. An investment company, Money Ventures, Inc., is
interested in the entire offering of Hubbard's cattle program. Hubbard is unsure as to
whether the securities acts apply to him. In addition, he wonders whether his venture, as
structured, is exempt if the activity is within the securities acts. Should Hubbard be
concerned?
Destroying information stored on a computer may be a crime.
One advantage of our current legal system is that the growth of technology has not
created many new laws.
Depositions are usually taken in the courtroom.
All debts are discharged in bankruptcy, whether disclosed by the debtor or not.
