Which of the Following Elements Is True Regarding a Confession

question 19

Multiple Choice

Which of the following elements is true regarding a confession?

• A) The confession can be changed in ink, with everyone's initials
• B) A written confession must be completely voluntary
• C) A written confession must contain elements of the fraudster's intent
• D) A written confession should be drafted by the confessors
• E) All of the elements should exist during a confession

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Definitions:

Prospectus

An investment document that provides details about a company or financial product, aimed at potential investors.

Registration Statement

A document submitted to securities regulators containing financial and other significant information about a company before it issues stock.

Prospectus

A formal document that companies use to describe the securities they are offering for sale to investors.

SEC

The Securities and Exchange Commission, a U.S. federal agency that oversees the securities industry to protect investors and maintain fair, orderly, and efficient markets.