A Question in Which the Respondent Is Presented with a List

question 33

Short Answer

A question in which the respondent is presented with a list of several possible income categories and is asked to select the category that best represents his or her gross income for the previous year is an example of a ______________________________ question.

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Definitions:

Securities Act

Refers to laws that regulate the issuance and trading of securities, such as stocks and bonds, to protect investors from fraud and ensure transparency in the financial markets.

Due Diligence Defense

A legal defense used in securities law where the accused party argues they conducted a comprehensive and reasonable investigation prior to an alleged wrongdoing.

Private Placement Exemption

A regulatory exception that allows companies to sell securities directly to a limited number of qualified investors without the need for a public offer.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for enforcing federal securities laws and regulating the securities industry.