GR8 Stuf Company Files a Registration Statement with the SEC

question 31

Multiple Choice

GR8 Stuf Company files a registration statement with the SEC before making an offering to the general public.The registration contains false,immaterial statements of which the investors are unaware.GR8 Stuf is charged with violating the Securities Act of 1933.GR8 Stuf's best defense is

• A)the investors were not aware of the misrepresentations.
• B)the issuer reasonably believed the misstatements were true.
• C)the offering was made available to the general public.
• D)the untrue statements were not material.

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Definitions:

Base Pair

Two nucleotides on opposite strands of DNA that are connected by hydrogen bonds, commonly adenine with thymine, or cytosine with guanine.

DNA Found

Describes the identification or discovery of deoxyribonucleic acid (DNA), which carries genetic instructions essential for growth, development, and reproduction.

Non-coding Information

Sequences of DNA or RNA that do not code for proteins but have roles in gene regulation and RNA processing.

Second Form of DNA

Refers to the B-DNA structure, which is the most common helical structure of DNA in cells and is characterized by a right-handed helix.