A seller realizes that a security was sold in violation of the USA and sends a written rescission offer to the buyer. If the buyer does not respond within 30 days, the buyer:

1. AIs deemed to have accepted the offer and must return the security
2. BLoses the right to bring a civil action based on that sale✓ Correct answer
3. CMay still bring a civil action within the statute of limitations
4. DMust file a complaint with the Administrator to preserve the claim

Reading one answer is not the same as being ready

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