In a Suit for Fraud Against the Issuer of a Security

question 173

Multiple Choice

In a suit for fraud against the issuer of a security, which element would not have to be shown?

• A) a security was involved
• B) there was a misleading statement or material omission
• C) a financial loss was suffered
• D) all elements must be shown
• E) none of these elements are necessary, but they make for a stronger case

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Definitions:

Chronic Inflammatory Disorder

A long-lasting medical condition characterized by persistent inflammation that can affect various parts of the body, leading to widespread symptoms.

Airways

The passages by which air reaches a person's or an animal's lungs.

Breathing

The process of taking air into and expelling it from the lungs.

Cognitive Skill

Refers to the mental capabilities that include learning, thinking, reasoning, problem-solving, decision making, remembering, and paying attention.