In Determining Liability for Errors in a Registration Statement,the Plaintiff

question 32

Multiple Choice

In determining liability for errors in a registration statement,the plaintiff must prove that there was a misstatement or omission that was important enough to affect the plaintiff's investing decision.In other words,the misstatement or omission needs to be

• A)material.
• B)unrefutable.
• C)accredited.
• D)firm.

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Definitions:

Entity Theorists

Those who believe that traits are fixed, stable things (entities) and thus people should not be expected to change.

Incremental Theorists

Those who believe that traits are subject to change and improvement.

Learned Helplessness

Belief that one’s actions will not bring about desired outcomes, leading one to give up and quit trying.

Encounter

A meeting or interaction between individuals, which can range from casual or brief to significant.