A Regulation D: Rule 506 Offering Has No Limit in Terms

question 26

True/False

A Regulation D: Rule 506 offering has no limit in terms of the dollar amount of the offering but is limited to 35 unaccredited investors.

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Definitions:

Speed Up Payments

Actions or policies implemented to reduce the time it takes to receive payments from customers, thereby improving cash flow.

Lockboxes

A service provided by banks to process payments more quickly by having checks sent to a special post office box instead of the company's address.

Customer Payments

The payments made by customers for products or services received from a company.