
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
Edition 4ISBN: 978-1133709107 Exercise 14
Under Regulation D, an issuer:
(a) May not sell to 1,000 accredited investors
(b) May not sell to 27 unaccredited investors
(c) Must make disclosure to accredited investors
(d) Must make disclosure to unaccredited investors
(e) May advertise the stock publicly
(a) May not sell to 1,000 accredited investors
(b) May not sell to 27 unaccredited investors
(c) Must make disclosure to accredited investors
(d) Must make disclosure to unaccredited investors
(e) May advertise the stock publicly
Explanation
Rule 5 of Regultion D permits private of...
Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson
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