Liability can be imposed on those who are negligent with respect to the preparation of a registration statement or prospectus.

Name: Liability can be imposed on those who are negligent with respect to the preparation of a registration statement or prospectus.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Liability can be imposed under securities laws, such as the Securities Act of 1933 in the U.S., for negligence in preparing a registration statement or prospectus, as these documents must be accurate and not misleading.

Liability Can Be Imposed on Those Who Are Negligent with Respect