The Scienter Required for Proof of a 10(b)violation Is

question 108

Multiple Choice

The scienter required for proof of a 10(b) violation is:

• A)intent to defraud.
• B)gross negligence.
• C)negligence.
• D)a or b

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Definitions:

Moving Expense Deduction

A tax deduction that was available to taxpayers who moved for work-related reasons, covering reasonable moving expenses. Note: This may be subject to changes in current tax law.

Alimony

A financial support that one spouse is legally obligated to provide to the other during or after a divorce process.

Moving Expenses

These are costs associated with relocating for a job or business that, under certain conditions, may be deductible for tax purposes.

Taxpayer

An individual or entity obligated to pay taxes to a federal, state, or local government.