The Key to Liability Under Section 10(b) of the Securities

question 40

True/False

The key to liability under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 is whether undisclosed inside information is material.

---

Definitions:

Dock

The shortcut organizational bar used for launching, switching, and managing applications in the macOS graphical user interface (usually the bar at the bottom of the screen).

App Store

An Apple tool that enables a user to shop for various applications to download on a device.

Software Store

A software store is a digital marketplace where users can purchase, download, and manage software applications for various platforms.

Menu Bar

A component of the macOS GUI that is anchored to the top of a screen and is a dynamically changing bar that presents contextual drop-down menu options on the left side, depending on which window is active. On the right side, it provides shortcuts such as connecting to a WiFi network or changing volume. It is also informative, displaying information such as battery life on laptops and the time.