instruction:
In this task, you will be shown a prompt from a judicial decision and multiple holding statements derived from citations following text in a legal decision.  Holdings represent the governing legal rule when the law is applied to a particular set of facts. There are five answer choices for each citing text. The correct answer is the holding statement that corresponds to the citing text. The four incorrect answers are other holding statements. You should find the correct option. There is a <HOLDING> token in the position of the citing text prompt where the holding statement was extracted.
question:
421 U.S. 723, 95 S.Ct. 1917, 44 L.Ed.2d 539 (1975), and is consistent with the holdings in Herman & MacLean v. Huddleston, 459 U.S. 375, 382, 103 S.Ct. 683, 687, 74 L.Ed.2d 548 (1983), and in Basic, Inc. v. Levinson, supra. Blue Chip Stamps held that a section 10(b) plaintiff must be a purchaser or seller of a security, and thus limited standing under the 1934 Act to “plaintiffs ... who have at least dealt in the security to which the prospectus, representation, or omission relates.” Id. 421 U.S. at 747, 95 S.Ct. at 1931. Put and call option trading on an underlying security is directly affected by the prospecti, representations and omissions of the issuer of the underlying security. See Deutschman, 841 F.2d at 506. Cf. Kirby v. Cullinet Software, Inc., 116 F.R.D. 303 (D.Mass.1987) (<HOLDING>). In Herman & MacLean v. Huddleston, 459 U.S. 
 Holding statements: (A) recognizing a narrow class of cases in which the termination of the class representatives claim for relief does not moot the claims of the class members (B) holding that class representatives cannot appear pro se (C) holding that sellers of covered calls are not atypical class representatives (D) holding that a class representatives ignorance of the case is not a bar to certification unless it impairs the representatives ability to vigorously prosecute the action (E) holding that it is error to certify class when named class representatives are not members of the class they purport to represent
answer:
(C)


question:
time to the end of the videotape. III. Defendant moved, and the State cross-moved, for leave to appeal the Appellate Division’s judgment. We granted both motions, 205 N.J. 11, 11 A.3d 371 (2010), and we thereafter granted leave to the Attorney General to participate as an amicus curiae. Before this Court, defendant argues that the Appellate Division erred in rejecting the findings ajnd conclusions of the trial court that his initial request to speak with his mother was an invocation of his constitutional right to remain silent. First, he asserts that the panel was obligated to defer to the factual findings of the trial court and that its failure to do so yiolated the clear directives from this Court, requiring reversal. See State v. Robinson, 200 N.J. 1, 17, 974 A.2d 1057 (2009) (<HOLDING>); State v. Elders, 192 N.J. 224, 244, 927 A.2d 
 Holding statements: (A) holding that the district courts denial of a reduction for acceptance of responsibility is a factual question and should be accorded great deference and should not be disturbed unless clearly erroneous (B) holding that trial courts determination of whether defendant accepted responsibility should not be disturbed unless it is without foundation (C) holding that a trial courts findings should be disturbed only if they are so clearly mistaken that the interests of justice demand intervention and correction (D) holding that this court will only set aside district courts factual findings when they are clearly erroneous (E) holding that the case should be reopened where the cause has not proceeded so far that the ends of justice would be defeated or the orderly process of the court disturbed
answer:
(C)


question:
in subsections (1) through (3). § 726.110 (emphasis added). The unambiguous text thus performs the exact function that distinguishes a statute of repose from a .statute of limitations; ,it extinguishes the cause of action rather than merely barring the remedy. For this reason, a number of courts in other jurisdictions interpreting various state codifications of the Uniform Act .have held that the statute is one of repose. See, e.g., MSKP Oak Grove, LLC v. Venuto, No. 10-6465(JBS/JS), 2014 WL 4385979, at *5 (D.N.J. Sept. 5, 2014) (“The use of the term ‘extinguished’ manifests legislative ■intent to eliminate a cause of action after a predetermined time period, a distinctive characteristic of a statute of repose.”); In re Jamuna Real Estate LLC, 365 B.R. 540, 567 (Bankr.E.D.Pa.2007) (<HOLDING>); Forman v. Jeffrey Matthews Fin. Grp., LLC, 
 Holding statements: (A) holding that effect must be given if possible to every clause and word of a statute (B) holding that provision has the characteristics of a statute of repose (C) holding principle of statutory construction is to give effect to every clause and word of a statute (D) holding that provision is a statute of repose and noting that the word extinguished is emphasized because of its substantive effect (E) holding that provision is a statute of repose because by its own terms the provision does not just procedurally bar an untimely claim it substantively extinguishes the cause of action
answer:

(D)