The Primary Exemption from the Prohibition of Resale of Unregistered

question 72

Multiple Choice

The primary exemption from the prohibition of resale of unregistered securities including, but not limited to, securities safely harbored in Rules 505 and 506 offerings) is:

• A) Rule 111
• B) Rule 122
• C) Rule 133
• D) Rule 144
• E) Rule 147

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Definitions:

Injury

Physical harm or damage to the body caused by external force, which may result from accidents, falls, hits, weapons, and other causes.

Marginal Utility

The change in total utility generated by consuming one additional unit of a good or service.

Uncertain Income

Income that is not guaranteed or predictable, often varying significantly over time or depending on specific conditions.

Constant

A value that does not change and remains steady within a specified context.