Which of the Following Is True About the Securities Act

question 117

Multiple Choice

Which of the following is true about the Securities Act of 1933 small offering exemption?

• A) Sales of securities up to $5,000,000 qualify.
• B) Sales can be made only to accredited investors.
• C) Sales must all be made to investors in the same state.
• D) There are no limits on the number or types of investors.
• E) Even with the exemption, a simplified registration process must be followed.

---

Definitions:

Majority of Votes

A voting outcome in which more than half of the votes cast are in favor of a particular option or candidate.

Margin of Error

An indicator of the precision of an estimate, showing how much the estimated value could vary from the true value.

Confidence Level

A statistical measure that quantifies the certainty of an estimation or test result, often expressed as a percentage.

Television Viewers

Individuals who watch content on a television, encompassing a broad demographic that consumes broadcasting or streamed media.