All of the Following Are Exempt from Registration Under the 1933

question 81

Multiple Choice

All of the following are exempt from registration under the 1933 Act EXCEPT:

• A) government bonds.
• B) securities issued by nonprofit medical facilities.
• C) certificates of deposit issued by banks.
• D) insurance company annuities.

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Definitions:

Formal Contract

An agreement under seal.

Signed and Sealed

A phrase indicating that a document has been formally executed with the signature of the parties involved and sometimes a physical seal.

Postbox Rule

A legal doctrine stating that an offer is considered accepted once the acceptance is posted, not when the offeror receives it.

Communicate by Mail

The process of sending messages or information through postal services.