Recovery of Damages Under Rule 10b-5 Requires Proof Of

question 44

Multiple Choice

Recovery of damages under Rule 10b-5 requires proof of:

• A) reliance on a misstatement or omission.
• B) materiality.
• C) scienter.
• D) connection with the purchase or sale of a security.
• E) All of these.

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Definitions:

Ciliary Muscles

The ring of smooth muscle fibers in the eye's middle layer that controls the lens's shape for focusing.

Cataract

A medical condition where the lens of the eye becomes progressively opaque, leading to blurred vision and, if untreated, blindness.

Clouding

A visual effect where transparency is reduced, leading to a opaque or milky appearance, often observed in materials or solutions.

Lens

Disk-shaped structure that bends light rays so they fall on an eye’s photoreceptors.