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Which of the following is a CPAs best defense in a suit under the Securities Act of 1933 that is based on omissions of material
Which of the following is a CPAs best defense in a suit under the Securities Act of 1933 that is based on omissions of material facts in a portion of a registration statement certified by the CPA?
| a. The related securities were offered to the public more than 1 year prior to filing of the suit. |
| b. The omissions were caused by the auditee. |
| c. The CPA exercised due diligence. |
| d. The CPA had scienter. |
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