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In the Rombach V.Chang Case,the Court Held That

Question 36

Multiple Choice
In the Rombach v.Chang case,the court held that:

In the Rombach v.Chang case,the court held that:


A) Section 11 was not violated as the registration statement provided adequate warnings to investors.
B) the defendants violated Section 11 by issuing a misleading registration statement.
C) the defendants were not entitled to sell unregistered securities.
D) the defendants violated Rule 506.

Correct Answer:

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