Pat,an accountant,includes a false statement in a report for Quantity,Inc.,that is filed with the Securities and Exchange Commis?sion.Quantity publishes a misleading ad about its future prospects.Rita sees the ad and calls Stan,who buys stock in Quantity.Under Section 18 of the Securities Ex?change Act of 1934,liability may attach to

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Under Section 18 of the Securities Exchange Act of 1934, liability may attach to false or misleading statements made in documents filed with the SEC, such as Pat's report.

Pat,an Accountant,includes a False Statement in a Report for Quantity,Inc