To determine if a misrepresentation in the offer or sale of any securities is material a fraud examiner should answer which of the following questions?
To determine if a misrepresentation in the offer or sale of any securities is material a fraud examiner should answer which of the following questions?
A . "Did the person who made the representation believe that it was suitable for potential investors?"
B. "Was the misrepresentation made by an authorized individual?"
C. "Would a reasonable investor wish to know the information to make an informed decision?"
D. ”Did the person who made the representation intend to mislead potential investors?
Answer: C
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