The purchaser's remedy for violation of Section 12 of the Securities Act of 1933 is either to rescind the purchase or to sue for damages.

Name: The purchaser's remedy for violation of Section 12 of the Securities Act of 1933 is either to rescind the purchase or to sue for damages.
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This is true. Section 12 of the Securities Act of 1933 provides a remedy for purchasers who have suffered from violations of the Act, allowing them to rescind the purchase or sue for damages.

The Purchaser's Remedy for Violation of Section 12 of the Securities