Which of the Following Must Occur in Order for the Exemption

Multiple Choice

Which of the following must occur in order for the exemption involving intrastate issues to apply?

A) Issuers must do at least 80 percent of their business within the state.
B) Issuers must have at least 80 percent of their assets within the state.
C) Issuers must plan to use at least 80 percent of the profits within the state.
D) Issuers must have their main offices in the state.
E) All of these.