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    Managers and the Legal Environment Study Set 1
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    Exam 21: Public and Private Offerings of Securities
  5. Question
    A _______ Company Is a Development-Stage Company That Has No
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A _______ Company Is a Development-Stage Company That Has No

Question 19

Question 19

Multiple Choice

A _______ company is a development-stage company that has no specific business plan or has a business plan to acquire a currently unknown business.


A) illegal
B) bespeaks caution
C) blank check
D) best-efforts

Correct Answer:

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