Question

Which of the following statements is true of creating liabilities under Section 18?

A. There is a liability under section 18 for simple negligence.

B. The plaintiff in a Section 18 case must prove reliance on the false or misleading filing of documents.

C. Inaccuracy of filing is sufficient to impose liability under Section 18.

D. The defendants good faith is considered a defense under Section 18.

E. Freedom from fraud is an invalid defense under an action based on Section 18.

Answer

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