A CPA's defenses to liability under Section 11 of the Securities Act of 1933 do not include which of the following?
A. The misstatement or omission in a registration statement was not material.
B. The plaintiff was unaware of the misstatement or omission in a registration statement.
C. No misstatement or omission occurred in a registration statement.
D. The plaintiff's loss was not caused by the omission or misstatement in a registration statement.
Answer: B. The plaintiff was unaware of the misstatement or omission in a registration statement.
You might also like to view...
Porter defined ________ as the amount of money that a customer is willing to pay for a resource, product, or service
A) margin B) profit C) price D) value
The ________ method of developing a marketing communications budget uses computer simulations to model the relationship between advertising and marketing communications and sales, profits, and other factors
A) meet the competition B) objective and task C) payout planning D) quantitative models