In a Rule 10b-5 case, ________.

A. negligence on the part of the defendant is enough to make the defendant liable
B. the plaintiff is generally not required to prove that she relied on the defendant's false statement
C. the plaintiff must prove that the defendant acted with the intent to deceive, manipulate, or defraud
D. selective disclosure by a defendant doesn't make him liable for omission of material facts


Answer: C

Business

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