Under Rule 505,the Issuer Must

question 51

Multiple Choice

Under Rule 505,the issuer must:

• A) not advertise.
• B) restrict the offering to thirty-five persons.
• C) limit the offering to $1 million.
• D) sell only to "accredited investors."

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Definitions:

Fetal Alcohol Spectrum Disorder (FASD)

A cluster of symptoms shown by children of women who drank heavily during pregnancy, including characteristic facial features and intellectual disabilities.

Sex-Linked Abnormality

A genetic condition determined by genes located on the sex chromosomes (typically the X chromosome), affecting males or females disproportionately.

Diabetes

A metabolic disease characterized by high blood sugar levels over a prolonged period, due to insulin production problems or the body's inability to use insulin effectively.

Duchenne Muscular Dystrophy

A genetic disorder characterized by progressive muscle degeneration and weakness due to the alteration of a protein called dystrophin that helps keep muscle cells intact.