Which of the following is $\underline{\text{not}}$ a defense to false information in the registration statement?

Question

Quizplus · Accepted Answer

The defense of limited time as a director is not a defense to false information in the registration statement. The other options listed (due diligence and the purchaser knowing the information was false) can be used as defenses in certain circumstances. However, it is important to note that none of these defenses are foolproof and ultimately it is the responsibility of the issuer to ensure that the information in the registration statement is truthful and accurate.

Which of the Following Is not‾\underline{\text{not}}not​ A Defense to False Information in the Registration Statement? A)due

Which of the Following Is $\underline{\text{not}}$ A Defense to False Information in the Registration Statement?
A)due