Beth is an accountant with Consumer Sales Corporation. Doral buys Consumer stock and loses money on the investment. To recover from Beth under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5, Doral must prove
A. none of the choices.
B. fraud and reliance only.
C. fraud, reliance, and materiality only.
D. scienter, fraud, reliance, materiality, and causation only.
Answer: D
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a. True b. False Indicate whether the statement is true or false
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Indicate whether the statement is true or false
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A) 0.186 B) 0.203 C) 0.222 D) 0.241
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What will be an ideal response?