The Exemption from Registration for Transactions Not Involving Any Public

question 9

Multiple Choice

The exemption from registration for transactions not involving any public offering is the so-called private placement provision found in Section 4(2) of the Act and SEC Rule:

• A) 10b-5.
• B) 504.
• C) 505.
• D) 506.

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Definitions:

Personality Disorder

A type of mental disorder characterized by a rigid and unhealthy pattern of thinking, functioning, and behaving.

Schizotypal Personality Disorder

A disorder characterized by severe social and interpersonal deficits, peculiar thoughts or behavior, and unconventional beliefs.

Oddities

Deviations from the normal or common order, form, or rule; unusual or peculiar phenomena or behaviors.

Cognition

The cognitive process of gaining knowledge and comprehension via thinking, experiencing, and sensory perception.