Question

As part of a stock offering for First Products Corporation (FPC), Glen, FPC's accountant, intentionally misrepresents material facts in the prospectus. Holly buys the stock unaware of the misrepresentation and suffers a loss. Glen may be subject to
a. a fine and damages only.
b. a fine and imprisonment only.
c. a fine, imprisonment, and damages.
d. damages only.

Answer

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