Which of the Following Is Not True About a Prospectus

question 53

Multiple Choice

Which of the following is not true about a prospectus?

• A)The investment dealer helps in the preparation of the document and is legally liable.
• B)The CFO rather than CEO signs the document on behalf of the board of directors.
• C)All parties involved in the process are supposed to do their best to ensure the consistency of the information provided.
• D)It should be a detailed and honest disclosure of information about the firm.

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Definitions:

Sentinel-controlled

A loop mechanism that uses a special value (sentinel) to control the termination of the loop.

While Loop

A control flow statement in programming that repeats a block of code as long as a specified condition is true.

Infinite While Loop

A loop construct that repeats indefinitely because the loop condition is always true.