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Question
Longway Trucking, Inc., files a suit against Midge, 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 in recovering damages, Longway must show that Midgea. acted with scienter.
b. bought or sold a security.
c. is incompetent.
d. knows nothing about securities.
Answer
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Related questions
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