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The "Further" We Are Temporally from a Future Generation, the Weaker

question 22

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The "further" we are temporally from a future generation, the weaker our obligations become toward them, because


Definitions:

Effective Registration Date

The date on which a company's registration statement is declared effective by the Securities and Exchange Commission, allowing it to legally sell securities.

Prospectus

An investment document that provides details about a company or financial product, aimed at potential investors.

Registration Statement

A document submitted to securities regulators containing financial and other significant information about a company before it issues stock.

Prospectus

A formal document that companies use to describe the securities they are offering for sale to investors.

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