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QUESTION

According to the Securities Act of 1933, which of the following are defenses to liability?

According to the Securities Act of 1933, which of the following are defenses to liability?

The plaintiff should have been smarter about the matter.

All of the above (all answers are correct)

Plaintiff knew of the false or misleading nature of the information.

Defendant did not intend to deceive the plaintiff.

Plaintiff did not rely on the registration statement documents.

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