A Defense to an Action Based on Material Omissions and Untrue

question 52

Multiple Choice

A defense to an action based on material omissions and untrue statements contained in a registration statement is:

• A) innocent mistake.
• B) due diligence.
• C) constructive disclosure.
• D) reasonable diligence.

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Definitions:

Dielectric Material

A non-conductive substance that is used to store electric charge, typically between the plates of a capacitor.

Series Connection

An electrical circuit arrangement where components are connected end-to-end in a single path for current to flow.

Total Capacitance

In parallel circuits, it's the sum of individual capacitances of all capacitors, and in series circuits, it's calculated through the reciprocal of the sum of the reciprocals of the individual capacitances.

μ F

Microfarad, a unit of capacitance equal to one millionth (10^-6) of a farad, symbolized as µF.