Book Title
10th Edition
ISBN: 9781337605656
Author: CROSS
Publisher: CENGAGE L
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Chapter 28, Problem 1IS
Summary Introduction
Case summary: Companies issue various securities to raise capital from the public. A company is required to provide sufficient information so that the financer is able to evaluate the financial risk that is involved in the buying of security. The company will be made liable, if the company makes a false statement or omission, which is considered material.
To find: The information which is considered material by the investors.
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