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Section 20(a)imposes __________ Liability on Every Person Who,directly or Indirectly,controls

Question 26

Multiple Choice

Section 20(a) imposes __________ liability on every person who,directly or indirectly,controls any person liable under the 1934 Act,unless the controlling person acted in good faith and did not directly or indirectly induce the acts constituting the violation.


A) strict
B) individual
C) joint and several
D) criminal

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