Scienter Must Be Shown in Rule 10b-5 Cases

question 40

True/False

Scienter must be shown in Rule 10b-5 cases.

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Definitions:

Self-Help

A legal way to enforce a right or resolve a dispute by taking action oneself, within legal boundaries, rather than relying on law enforcement or judicial proceedings.

Intangible

An asset that does not have physical substance yet is often valuable, such as intellectual property or goodwill.

Security Interest

A legal claim or right granted to a creditor over the borrower's assets as a security for the repayment of a loan.

Repossessed Collateral

Assets that have been taken back by the lender from the borrower, usually due to default on a loan.