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Fact Pattern 28-1
College Bound,Inc. ,markets test and study prep materials and courses.College Bound wants to make an initial public offering of securities.The firm believes that it qualifies for an exemption under Regulation A from the full registration requirement of the Securities Act of 1933.
-Refer to Fact Pattern 28-1.If College Bound is exempt from the federal registration requirement,the firm is
Strengthens
To make or become stronger or more resilient, often used in the context of physical, emotional, or mental attributes.
Weakens
To diminish in strength, effectiveness, or power.
Primary Reinforcement
A stimulus that satisfies a basic biological need and inherently reinforces a behavior, such as food for hunger.
Continuous Reinforcement
A schedule of reinforcement in which every correct response is reinforced, leading to rapid learning but also rapid extinction of the behavior once reinforcement ceases.
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