Mere Promotion of a Security Makes a Person a Seller

question 11

True/False

Mere promotion of a security makes a person a seller and,therefore,liable under section 5 of the 1933 Act based upon the sale of a security without an effective registration statement or by means of a noncomplying prospectus.

---

Definitions:

Digital Means

Refers to methods or processes that use digital technologies or electronic tools.

Conversational Exchanges

The interactive communication between two or more parties where ideas, information, or feelings are shared verbally.

Emotional Nuances

Subtle variations in emotional expression or response that can significantly affect the interpretation of communication.

Informal Email

A casual form of electronic communication that is not bound by the strict conventions of formal emails.