The most important determination in a case alleging false statements under Section 11 is whether the statement is actually one of fact or one of __________.

Question

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The most important determination in a case alleging false statements under Section 11 of the Securities Act of 1933 is whether the statement is actually one of fact or one of opinion. This distinction is crucial because the law treats factual statements and opinions differently in terms of liability for false statements.

The Most Important Determination in a Case Alleging False Statements