Which of the Following Best Describes a "Red Herring" Prospectus

question 11

Multiple Choice

Which of the following best describes a "red herring" prospectus?

• A)A shortened version of registration Form S-1 available to those companies that already have publicly traded securities.
• B)A prospectus containing material irregularities and deficiencies.
• C)Preliminary information provided to investors about an upcoming issue,and issued between the time a registration statement is presented to the SEC and its effective date.
• D)Disclosure in the business press,outlined in red,informing investors of an upcoming offering.

---

Definitions:

Query

A request for information from a database, returning a specific set of data that matches the query's parameters.

Current Due

The amount of money that is owed and must be paid at present or by a specified date.

Criterion

A principle or standard by which something may be judged or decided.

Shortcut Menu

A contextual menu that appears when a user clicks on an object with the right mouse button, providing quick access to common tasks.