Under Regulation A,as Amended in 1992,issuers May Use a Simple

question 16

True/False

Under Regulation A,as amended in 1992,issuers may use a simple question-and-answer disclosure document.

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Definitions:

Collateral

Assets pledged as security for the repayment of a loan, forfeitable in the event of a default.

Contractual Defenses

Legal arguments that can be used to challenge the enforceability of a contract, such as incapacity, duress, or fraud.

Surety Relationships

A legal arrangement where a third party (the surety) agrees to take responsibility for the debt or obligation of a borrower if the borrower defaults.

Modification

An alteration or change to an existing agreement or contract.