Question $47(1$ point$)$

Securities legislation creates a civil cause of action for any person who trades in a corporation$$s shares while inaccurate public financial information about the corporation remains uncorrected. What is the name given to such liability, when it applies after the corporation$$s initial public offering, to the sale of existing shares between investors?

Question $47$ options:

mens rea liability

absolute liability

criminal liability

secondary market liability

personal trade liability