Under the Securities Act of 1933,liability Is Imposed for Improper

question 44

Multiple Choice

Under the Securities Act of 1933,liability is imposed for improper offers and sales when:

• A)a person simultaneously buys and sells the same stock in order to stimulate substantial trading activity.
• B)a person offers or sells unregistered and nonexempt securities in violation of the Act.
• C)the investor finds that the registration statement for the security contained an untrue statement.
• D)the issuer inadvertently omits a few material facts in the registration statement.

---

Definitions:

Unconscious Desires

Wishes or impulses not readily accessible to the conscious mind but influencing behavior and thought processes.

Artificial And Ambiguous

Related to something that is made or produced by human beings rather than occurring naturally, often leading to unclear or uncertain interpretations.

Psychological Types

Categories or classifications of personality based on psychological characteristics, as conceptualized by theorists like Carl Jung.

Only-Born Adults

Adults who grew up as an only child, which may influence their personality, behaviors, and social interactions.