A person may be liable under Section 16(b) of the 1934 Act if he or she was an officer or director at the time of:
A) the purchase.
B) the sale.
C) both the purchase and the sale.
D) either the purchase or the sale.
Correct Answer:
Verified
Q25: In order to be actionable under Rule
Q34: Section 20(a)imposes _ liability on every person
Q35: A controlling shareholder is traditionally considered an
Q36: Under what circumstances will reliance be presumed
Q37: A right of action under section 10(b)may
Q40: Which of the following represents the general
Q41: If a purchase or sale by an
Q43: Which of the following is true regarding
Q44: Which of the following is true regarding
Q60: Which of the following is NOT a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents