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How is sec 11 of the securities act different from common


1) How is Sec 11 of the Securities Act different from common law?

2) What defenses are available to the auditor under the Securities Exchange Act?

3) Contrast the defenses of an auditor under Securities Acct of 1933 and Securities Exchange Act of 1934?

Note: give two answers to each question. 1 or 2 pages

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