Which of the Following Is True of the Criminal Liabilities

question 36

Multiple Choice

Which of the following is true of the criminal liabilities under 1933 and 1934 Securities Act?

• A)A willful misrepresentation,including an omission,in a registration statement is made a criminal act under the 1933 Act.
• B)The 1933 and 1934 Act makes it a crime to willfully make a false or misleading statement in reports that are required to be filed under the act.
• C)The criminal provisions of 1933 and 1934 Act specifically mention that they will be used against accountants.
• D)A willful violation of Rule 10b-5 is a crime under the 1933 Securities Act.

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Definitions:

Entropy

A measure of disorder or randomness in a system, often associated with the second law of thermodynamics regarding energy dispersal.

Substantial Energy

A significant amount of power or force, often required for performing demanding physical or chemical processes.

Cellular Respiration

The process by which cells break down glucose and other molecules to produce energy in the form of ATP.

Free Energy

The portion of a system's energy that can perform work when temperature and pressure are uniform throughout the system.