Which of the Following Is True Regarding "Holder" Claims

question 44

Multiple Choice

Which of the following is true regarding "holder" claims?

• A) They are disallowed by federal statute.
• B) State law is preempted, and they are allowed under federal law only if the plaintiff purchased securities issued under fraudulent pretenses.
• C) They may be allowed under blue sky laws as either individual or class actions.
• D) They may be allowed under blue sky laws, but not as class actions.

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Definitions:

Wheel Installation

The process of fitting and securing a wheel to the hub of a vehicle, ensuring it is safely and correctly attached.

Rolling Radius

The effective radius of a wheel or tire, representing the distance from the wheel center to the ground, impacting vehicle dynamics.

Tape Measure

A flexible ruler used to measure distance, typically made from a ribbon of cloth, plastic, or metal.