Which of the following is true regarding any affirmative defenses available under Section 20a)of the Securities Exchange Act?

Question

Quizplus · Accepted Answer

A)Regarding affirmative defenses,section 20a)allows defendants to avoid liability
when "the controlling person acted in good faith and did not directly or indirectly induce the act or acts constituting the [underlying] violation or cause of action."
B)Regarding affirmative defenses,section 20a)allows defendants to avoid liability when "the controlling person acted in good faith and did not directly or indirectly induce the act or acts constituting the [underlying] violation or cause of action."

Which of the Following Is True Regarding Any Affirmative Defenses