The Crowd Funding Provisions of Dodd-Frank Allow the Use of the Internet

question 39

True/False

The crowd funding provisions of Dodd-Frank allow the use of the Internet by businesses to raise money from nonaccredited investors without registration.

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Definitions:

Many Substitutes

Refers to a situation where numerous alternative products or services are available for consumers, often leading to competitive markets.

Inelastic Demand Curve

A demand curve that shows a small change in quantity demanded despite large changes in price, indicating consumers' necessity or lack of substitutes.

Motor Vehicles

Wheeled vehicles that are motorized or mechanically propelled, used for transportation of people, goods, or both.

Household Electricity

Electrical power supplied to homes, used for operating appliances, lighting, and other domestic purposes.