If a registration statement contains a material misstatement or omission
A)the company is liable and has no defense

B)anyone other than the company who signed the statement is liable and has no defense.
C)all experts are liable and have no defense.
D)the company is liable unless it can show due diligence.


A

Business

You might also like to view...

The Harold Corporation just started business in January of 2010. They had no beginning inventories. During 2010 they manufactured 12,000 units of product, and sold 10,000 units. The selling price of each unit was $20. Variable manufacturing costs were $4 per unit, and variable selling and administrative costs were $2 per unit. Fixed manufacturing costs were $24,000 and fixed selling and

administrative costs were $6,000. What would be the Harold Corporations Net income for 2010 using direct costing? A) $114,000 B) $110,000 C) $4,000 D) $106,000

Business

______ is a necessary and distinguishing characteristic of successful organizations.

a. Training and development departments b. Organizational change c. Organizational culture d. Conflict resolution

Business

The one-year interest rate is 4%. The interest rate for a two-year security is 6%. The one-year

interest rate one year from now is 8.34%. According to the liquidity preference theory, the risk premium for the second one-year investment is A) 0.34%. B) 0.50%. C) 1.66%. D) 0.30%.

Business

The length of witness examinations is controlled by:

a. the witness b. the plaintiff's lawyer c. the jury d. the defendant's lawyer e. none of the other choices are correct

Business