Which One of the Following SEC Registration Exemptions Has a Financing

question 71

Multiple Choice

Which one of the following SEC registration exemptions has a financing limit in a 12-month period and permits a maximum of 35 unaccredited investors?

• A) Section 42)
• B) Reg D: Rule 504
• C) Reg D: Rule 505
• D) Reg D: Rule 506
• E) Regulation A

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Definitions:

Higher Order Conditioning

A learning process whereby a stimulus that has been conditioned to produce a particular response is used in turn to condition a second stimulus to produce the same response.

Extinction

In psychology, the gradual weakening and eventual disappearance of a conditioned response.

Shaping

A behavioral psychology technique that reinforces behavior closer and closer to a desired goal, used in teaching new behaviors.

Step-by-step Reinforcement

The process of enhancing desired behaviors through a systematic approach that rewards successive approximations of the target behavior.