Which of the Following Is True Under the 1933 Act

Which of the following is true under the 1933 Act regarding the rights of a purchaser of unregistered securities sold illegally?

A) The purchaser must determine within ten days after learning of the illegal sale whether to seek rescission.
B) Only the SEC,not the purchaser,has rights because the purchaser should have been more careful.
C) If the investment proves successful,the investor can keep the shares; but if,within one year from the date of purchase,the investment proves unprofitable,the investor can get his or her
Money back.
D) The purchaser has no option to keep the shares and must return them for a refund of the purchase price.