Reliant Funds, Inc

Multiple Choice

Reliant Funds, Inc., files a suit against Saul, an accountant, under the antifraud provisions of the Securities Exchange Act of 1934 and Rule 10b-5 of the Securities and Exchange Commission. To succeed, Reliant Funds must show that Saul​

A) ​acted with scienter.
B) ​bought or sold a security.
C) ​is incompetent.
D) ​knows nothing about securities.