Section 1(a)of the Securities Exchange Act of 1934 Is an Antifraud

question 44

True/False

Section 1(a)of the Securities Exchange Act of 1934 is an antifraud provision that prohibits material misrepresentations or omissions of a material fact in the proxy materials.

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Definitions:

Mental Retardation

An outdated and offensive term previously used to describe a condition of below-average cognitive ability present from birth or early infancy, affecting an individual's ability to learn and function in daily life. Now more appropriately termed intellectual disability.

Academic Achievement

The level of success or proficiency that has been obtained in an educational setting through the acquisition of knowledge and skills.

Phenylketonuria (PKU)

A genetic disorder characterized by the body's inability to break down the amino acid phenylalanine, leading to developmental delays if untreated.

X-Linked Recessive Genes

Genes located on the X chromosome that often manifest in males due to the lack of a corresponding gene on the Y chromosome.