Refer to Fact Pattern 24-3

question 41

Multiple Choice

Refer to Fact Pattern 24-3.If Dhani is liable under the Securities Exchange Act of 1934,it will be because the information on which he based his purchase of Eureka stock was

• A)a forward-looking forecast.
• B)not material.
• C)not yet public.
• D)not yet true.

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Definitions:

Mentor

A person who acts as a guide or teacher for another, leading that person through experiences.

Honestly

The quality of being truthful, sincere, and free from deceit or fraud in one's actions, expressions, and communications.

Yourself

The reflexive form of “you,” referring to the person being addressed by the speaker or writer.

Perceived Self

An individual's awareness of their unique characteristics, qualities, and the way they see themselves.