Which of the Following Is True of Rule 10b-5

question 24

Multiple Choice

Which of the following is true of Rule 10b-5?

• A) Privity of contract is a necessity for bringing a lawsuit under this rule.
• B) Civil private lawsuits are not permitted under this rule.
• C) Only purchasers and sellers of securities can sue under this rule.
• D) Ordinary negligence is a violation of this rule.

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Definitions:

Sensorimotor

Referring to the developmental stage in infants where they explore the world and learn through physical interactions, involving both sensory experiences and motor activities.

Personality Stability

The consistency of an individual's personality traits and behaviors over time and across situations.

Socioeconomic Status

A measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.

Systematic Changes

Planned or intentional modifications put into place to achieve specific outcomes or improvements.