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Question 17 Which of the following is NOT a valid defense to legal liability under the Securities Act of 1933? A.Materiality defense B.Non-negligence defense C.Due

Question 17

Which of the following is NOT a valid defense to legal liability under the Securities Act of 1933?

A.Materiality defense

B.Non-negligence defense

C.Due diligence defense

D.Lack of causation defense

Question 18

The legal precedent that evolves from legal opinions issued by judges in deciding a case and guides judges in deciding similar cases in the future is referred to as:A.Business law

B.Tort law

C.Common law

D.Statutory law

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