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:

Client's Culture

The sum of beliefs, practices, habits, and values that characterize an individual or group being served professionally.

Healthcare

The organized provision of medical care to individuals or communities through services offered by professionals in clinics, hospitals, and other facilities.

Insurance

A financial product sold by insurance companies to safeguard against financial loss or damage.

Human Dignity

The inherent value and worth of each individual, which deserves respect and ethical treatment.