The Registration Process Under Section 5 of the 1933 Act

question 17

Multiple Choice

The registration process under Section 5 of the 1933 act is divided into three time periods. In order, they are:

• A) waiting, prefiling, and posteffective.
• B) waiting, prefiling, and executory.
• C) prefiling, waiting, and posteffective.
• D) prefiling, executory, and posteffective.

---

Definitions:

Sale of Property

The act of transferring ownership of real estate or personal property from one party to another for a price.

Taxable Income

The amount of income used to calculate how much the tax payer owes to the government in taxes.

Sick Pay

Compensation paid to employees when they are unable to work due to illness.

Child Support Payments

Payments made by a non-custodial parent to support their child or children; these are not tax-deductible.