In determining liability for errors in a registration statement,the plaintiff must prove that there was a misstatement or omission that was important enough to affect the plaintiff's investing decision.In other words,the misstatement or omission needs to be
A)material.
B)unrefutable.
C)accredited.
D)firm.

Question

Quizplus · Accepted Answer

The misstatement or omission must be material, meaning it would have had a significant impact on the plaintiff's decision to invest. The other options are not relevant to the determination of liability in this context.

In Determining Liability for Errors in a Registration Statement,the Plaintiff