Section 11 of the Securities Act of 1933 Imposes Liability

question 15

Multiple Choice

Section 11 of the Securities Act of 1933 imposes liability on:

• A) the issuer.
• B) all persons who signed the registration statement.
• C) every director or partner, and all underwriters.
• D) All of these.

---

Definitions:

Psychiatrist

A medical doctor specialized in the diagnosis, prevention, study, and treatment of mental disorders.

Antidepressants

Medications designed to alleviate symptoms of depression by adjusting chemical imbalances of neurotransmitters in the brain.

ECT

Electroconvulsive Therapy, a psychiatric treatment in which seizures are electrically induced in patients to provide relief from mental disorders.

Clinical Psychologist

A professional specializing in diagnosing and treating mental health disorders, emotional disturbances, and dysfunctional behavior through various therapeutic methods.