Liability for Securities Fraud Is Imposed Only on the Directors

question 51

True/False

Liability for securities fraud is imposed only on the directors of a company.

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Definitions:

Self-Government

The right or ability of a community or nation to govern itself without external control, making its own laws and policies.

Slavery

A system in which individuals are owned by others, deprived of personal freedom, and forced to perform labor or services against their will.

Republican Government

A form of government where the country is considered a "public matter" and is governed by representatives elected by the citizen body, not by a monarch.