Multiple Choice
Which of the following securities sales must be registered?
A) a sale of $450,000 in shares to 2,003 residents of Oklahoma and Arkansas
B) a sale of $10,000,000 in shares to 353 U.S.residents
C) a sale of $50,000,000 in shares to 10 institutional investors located around the United States
D) a sale of $50,000,000 in shares to 10,000 residents of Arizona by a company doing business only in Arizona
E) All of the above must be registered.
Correct Answer:

Verified
Correct Answer:
Verified
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