Brad recently relocated from his company's main offices in detroit to be a regional manager in minneapolis. although the new job is a step up for him professionally, he tells his assistant, “there just isn't the same enthusiasm here. back in detroit, everybody was excited about the work we were doing, and nobody quit in the whole time i was there—it was just a really close group.” brad's comments seem to reveal that his former group at the corporate headquarters had a higher level of than the group in minneapolis.

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec