GR8 Stuf Company Files a Registration Statement with the SEC

question 31

Multiple Choice

GR8 Stuf Company files a registration statement with the SEC before making an offering to the general public.The registration contains false,immaterial statements of which the investors are unaware.GR8 Stuf is charged with violating the Securities Act of 1933.GR8 Stuf's best defense is

• A)the investors were not aware of the misrepresentations.
• B)the issuer reasonably believed the misstatements were true.
• C)the offering was made available to the general public.
• D)the untrue statements were not material.

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Definitions:

United States

A country primarily located in North America consisting of 50 states and a federal district, known for its diverse culture and influential economy.

Suicide Rate

The number of suicide deaths in a given population over a specified period of time.

Black Males

Refers to men of Black African descent; in sociological terms, it also pertains to discussing their experiences, issues, and identities within societal contexts.

White Males

Refers to individuals who are biologically male and identified as having Caucasian or European ancestry.