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Officer included several material misrepresentations in the prospectus she prepared for a new class of...

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Accounting

Officer included several material misrepresentations in the prospectus she prepared for a new class of preferred stock to be offered by Corporation. Director serves on a committee that reviews and approves each prospectus for Corporation's stock offerings. If Director approves the prospectus, Director's potential liability for violating Rule 10b-5 would be: I. control person. II. primary participant. III. none. IV. aider and abettor. Question 3 options: A) III only. B) I only. C) II only. D) IV only

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