For proving liability of a professional under _____,privity of contract between the plaintiff and the defendant is required.

Question

Quizplus · Accepted Answer

For proving liability of a professional under Section 12(a)(2)of Securities Act of 1933,privity of contract between the plaintiff and the defendant apparently is required,because Section 12(a)(2)states that the defendant is liable to the person purchasing the security from him/her.

For Proving Liability of a Professional Under _____,Privity of Contract