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Which is NOT true about mismatch repair?
Section 17(a)
Section 17(a) typically refers to a specific provision within a particular legal framework or document, needing clarification regarding the context (e.g., in securities law, it refers to a section of the Securities Act of 1933 addressing fraud).
1933 Act
The 1933 Act, officially the Securities Act of 1933, is a U.S. law enacted to govern the initial sale of securities by issuers to the public, aiming to ensure transparency and prevent fraud.
Material Fact
A fact that if known might have influenced the decision of a party in making a contract, agreement, or understanding.
Illegal Insider Trading
The unethical and illegal practice of trading securities based on material, non-public information.
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