To Be Successful in a Civil Action Under Section 11

question 47

Multiple Choice

To be successful in a civil action under Section 11 of the Securities Act of 1933 concerning liability for a misleading registration statement, the plaintiff must prove:

• A)the plaintiff's reliance on the registration statement and the defendant's intent to deceive.
• B)neither the plaintiff's reliance on the registration statement nor the defendant's intent to deceive.
• C)the plaintiff's reliance on the registration statement but not the defendant's intent to deceive.
• D)the defendant's intent to deceive but not the plaintiff's reliance on the registration statement.

Comprehend the role of media in democratic societies and its designation as the "fourth branch of government".

Recognize the importance of investigative journalism in uncovering significant social issues.

Understand methods by which reports, especially involving scientific issues, can be inaccurately presented or biased.

Understand the influence and manipulation tactics of government officials on news dissemination.

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Definitions:

Fertile Land

Soil or land that is rich in nutrients, making it highly productive for agriculture.

Scarcity

A situation in which available resources are insufficient to satisfy all wants and demands.

Recessions

Periods of temporary economic decline during which trade and industrial activities are reduced, generally identified by a fall in GDP in successive quarters.

Macroeconomics

The branch of economics that is concerned with the overall ups and downs in the economy.