Longhaul Freight,Inc.,files a suit against Midge,an accountant,under the antifraud provisions of the Securities Exchange Act of 1934 and Rule 10b-5 of the Securities and Exchange Commission.To succeed,Longhaul must show that Midge
A) acted with scienter.
B) bought or sold a security.
C) is incompetent.
D) knows nothing about securities.
Correct Answer:
Verified
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