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Ryerson University's Abdullah Snobar notes that "being based in Canada,we have all the ingredients we need-from capital to talent-to become the most innovative country in the world. If we become too comfortable with the advancements we've made,we'll stop challenging the status quo,which is a driver in taking an innovative idea and turning it into a reality." Which of the following does Snobar seem to be an example of?
Rule 10b-5
A regulation under the U.S. Securities Exchange Act of 1934 aimed at preventing fraud, misrepresentation, and insider trading in the securities market.
With Scienter
Acting with knowledge, especially with regard to the wrongful nature of one's actions.
Burden of Proof
The obligation to present evidence to support one's claim or defense in a legal dispute, determining which party must prove the truth of their assertions to achieve a favorable outcome.
Due Diligence Meeting
A meeting conducted to carefully review and investigate a potential investment, business deal, or partnership to ensure all facts are known before proceeding.
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