Which of the Following Would NOT Be Exempt from Registration

question 26

Multiple Choice

Which of the following would NOT be exempt from registration under the 1933 Securities Act?

• A)An offering restricted to the residents of the state in which the issuing company is organized and doing business.
• B)An offering by a noninvestment company issuer for $4 million in securities over 12 months without general advertising or general solicitation.
• C)An offering of limited partnership tax shelters.
• D)A private offering to only accredited investors who will not redistribute them.

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Definitions:

Community Mental Health Movement

An approach to mental health that emphasizes community-based care, focusing on prevention, early intervention, and the deinstitutionalization of people with mental illnesses.

Therapeutic Drug

Medications used specifically for treating diseases or medical conditions and improving the health of patients.

Bipolar Disorder

Bipolar Disorder is a psychiatric condition characterized by extreme mood swings ranging from depressive lows to manic highs.

Lithium

An element used in medicine to control and avoid manic instances for those suffering from bipolar disorder.