Examlex
Which of the following is FALSE?
Prospectus
A written document filed with the SEC that contains a description of a security and other financial information regarding the company offering the security; also distributed as an advertising tool to potential investors.
Corporate Officers
Executives appointed by the board of directors of a corporation, responsible for managing the daily operations and making significant business decisions.
Insiders
Individuals within an organization who possess confidential information, typically due to their position or role within the company.
Simplistic Definition
A type of explanation or description that is intentionally basic and straightforward, possibly overlooking complexities.
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