Examlex
Match the following terms to their meanings and ideas.
-CBT
Section 11
Often refers to a specific provision in a legal document or piece of legislation; the exact meaning depends on the context.
Securities Act of 1933
A U.S. legislation enacted as a result of the stock market crash of 1929, requiring that offers and sales of securities are registered, providing investors with truthful information on securities.
Liability
Legal responsibility or obligation that arises from actions or as a result of a contractual agreement, potentially requiring the liable party to compensate for damages or losses incurred.
Underwriters
Underwriters are entities, such as banks or financial institutions, that assume the risk associated with issuing and selling securities in the market.
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