Which of the Following May Be Sued Under Section 11

question 31

Multiple Choice

Which of the following may be sued under Section 11 of the Securities Act of 1933,which provides a remedy for a person who purchases a security pursuant to a misleading registration statement?

• A) The underwriters
• B) Persons who gave their consent to be named in the registration statement as future directors
• C) Both underwriters and persons who gave their consent to be named in the registration statement as future directors
• D) Any member of the board of directors as well as underwriters and persons who gave their consent to be named in the registration statement as future directors

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Definitions:

Training Initiative

A strategic program or set of activities designed to improve skills, knowledge, and competencies within an organization.

Trainees' Reactions

The initial responses or feedback from participants in a training program, often gauged to assess their engagement and the effectiveness of the training.

Questionnaires

A research instrument consisting of a series of questions and other prompts for the purpose of gathering information from respondents, widely used in surveys and studies.

Focus Groups

A qualitative research method where a small group of people discuss certain topics under the guidance of a moderator, used for exploring perceptions and opinions.