Section 14(e)of the Securities Act of 1934 Makes It Unlawful

question 7

Multiple Choice

Section 14(e) of the Securities Act of 1934 makes it unlawful for any person to:

• A)make any untrue statement of material fact in connection with any tender offer, even if the target company is not subject to the 1934 Act's reporting requirements.
• B)omit to state any material fact in connection with a tender offer.
• C)engage in any fraudulent, deceptive, or manipulative practices in connection with any tender offer.
• D)All of the above.

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Definitions:

Elongation

The process of lengthening or stretching something.

Termination

The process of ending something, such as the conclusion of a biological process or the halting of a chemical reaction.

Inducible Operon

An operon that is normally inactive because a repressor molecule is attached to its operator; transcription is activated when an inducer binds to the repressor, making it incapable of binding to the operator. Compare with repressible operon.

Inducer Molecule

A substance that initiates the expression of genes by interacting with a repressor or an activator.