Under the Liability Provisions of Section 11 of the Securities

question 6

Multiple Choice

Under the liability provisions of section 11 of the Securities Act of 1933,auditors may be liable to any purchaser of securities for certifying materially misstated financial statements that are included in the registration statement.Under section 11,which of the following must be proven by a purchaser of the security?

• A)Reliance on financial statements: Yes; Fraud by auditors: Yes
• B)Reliance on financial statements: Yes; Fraud by auditors: No
• C)Reliance on financial statements: No; Fraud by auditors: Yes
• D)Reliance on financial statements: No; Fraud by auditors: No

---

Definitions:

Interactive Marketing

A marketing approach that involves a two-way interaction between marketers and consumers, often facilitated by digital platforms.

Interactive Marketing

A marketing approach that involves two-way communication between customers and companies, often utilizing digital platforms to engage directly with audiences.

Internal Marketing

The practice of treating employees as internal customers to foster organizational loyalty and engagement.

External Marketing

The practice of promoting a company's products or services to external audiences to build brand awareness and attract customers.