A Defendant Using the Due Diligence Defense Against a Section

question 32

Multiple Choice

A defendant using the due diligence defense against a Section 11 violation must show all of the following EXCEPT:

• A) the defendant used experts' reports that had not been prepared for registration statements.
• B) the defendant conducted a reasonable investigation.
• C) the defendant reasonably believed that the statements made were true.
• D) the defendant reasonably believed that there were no omissions that made any statements misleading.

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Definitions:

Conduct Disorder

A serious behavioral and emotional disorder in children and adolescents marked by a persistent pattern of violating the rights of others or major societal norms or rules.

Treatment

Interventions or procedures aimed at relieving or healing a disorder, disease, or medical condition.

Diagnostic Criteria

A set of guidelines used to determine the presence of a specific disorder or disease.

Attention-Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by a pattern of inattention, hyperactivity, and impulsivity that is more frequent and severe than typically observed in individuals at a comparable level of development.