One of the major provisions of the Securities Act of 1933 is that it creates liability for fraudulent communications used in the offer of sales of securities.

A. True
B. False

Question

14-07-2024
Law

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One of the major provisions of the Securities Act of 1933 is that it creates liability for fraudulent communications used in the offer of sales of securities.

A. True
B. False

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-07-14T21:23:58-04:00

Final answer:

One of the major provisions of the Securities Act of 1933 is true as it creates liability for fraudulent communications in the offer or sale of securities.

Explanation:

True. One of the major provisions of the Securities Act of 1933 is that it creates liability for fraudulent communications used in the offer or sale of securities. The act aimed to regulate the securities industry and protect investors from fraud and misrepresentation.

Learn more about Securities Act of 1933 here:

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Sagot :

Final answer:

Explanation:

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