Question

According to the Securities Act of 1933, an individual who participates in the original distribution of securities by selling such securities for the issuer or by guaranteeing their sale is referred to as theA. seller.B. controlling person.C. issuer.D. underwriter.E. bailee.

Answer 1

D. underwriter

Step-by-step explanation:

Based on the information provided within the question it can be said that the individual being described in the question is called an underwriter. Like mentioned in the question this is an individual who guarantees sale of securities and accept the financial risk of liability arising from the guarantee on behalf of the issuer of the securities in question.