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When Looking Glass Corporation Wishes to Issue Certain Securities,it Must

Question 41

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When Looking Glass Corporation wishes to issue certain securities,it must provide sufficient in?for?mation for Alice,and other unsophisticated investors,to evaluate the fi?nancial risk involved.Specifically,the law imposes liability for making a false statement or omission that is "material." What sort of information would Alice consider material?

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Most likely,Alice,and any other average ...

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