Multiple Choice
Which of the following securities offerings is not exempt from registration prior to their sale?
A) offerings of more than $5 million.
B) securities issued by governments.
C) securities issued by banks.
D) securities issued by savings and loan associations.
E) offerings of no more than $1 million made to any number of investors within a 12-month period.
Correct Answer:

Verified
Correct Answer:
Verified
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