Information is ______ if there is a substantial likelihood that a reasonable investor would consider it important to an investment decision.
A) Available
B) Material
C) Public
D) Confidential

Question

Quizplus · Accepted Answer

Information is considered "material" if there is a substantial likelihood that a reasonable investor would consider it important in making an investment decision. This concept is fundamental in securities law, particularly in the context of insider trading and corporate disclosures.

Information Is ______ If There Is a Substantial Likelihood That