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  3. Study Set
    Smith and Robersons Business Law
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    Exam 43: Securities Regulation
  5. Question
    Under Rule 505,the Issuer Must
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Under Rule 505,the Issuer Must

Question 51

Question 51

Multiple Choice

Under Rule 505,the issuer must:


A) not advertise.
B) restrict the offering to thirty-five persons.
C) limit the offering to $1 million.
D) sell only to "accredited investors."

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