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notsponge [240]
3 years ago
14

What is a valid defense to a lawsuit under the 1933 securities act?

Law
1 answer:
Zielflug [23.3K]3 years ago
5 0

Answer:

The signer had performed a thorough investigation of the corporation's financial records. The defense is due diligence

Explanation:

A valid defense to a lawsuit under the 1933 securities act is that "the signer had performed a thorough investigation of the corporation's financial records. Therefore the defense is due diligence

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