Under Section 11 of the Securities Act of 1933,a Defendant

question 48

Multiple Choice

Under Section 11 of the Securities Act of 1933,a defendant (other than the issuer) may establish a defense to liability if the defendant can prove that he/she acted:

• A)with due diligence.
• B)with scienter.
• C)without scienter.
• D)without due diligence.