Which of the following refers to a defense that requires the defendant to demonstrate that he or she investigated the registration statement and had reasonable grounds to believe that the statement was accurate?

Question

Quizplus · Accepted Answer

The due diligence defense requires the defendant to demonstrate that he or she investigated the registration statement and had reasonable grounds to believe that the statement was accurate.Any defendant except the issuer can assert the due diligence defense.

Which of the Following Refers to a Defense That Requires