According to the SEC,per Se Fraudulent Statements Include

question 6

Multiple Choice

According to the SEC,per se fraudulent statements include:

• A)those that tout securities and make unreasonable forecasts.
• B)those that specify the use of the proceeds of the issuance.
• C)those that outline the annual return on an investment from the last ten years.
• D)those that give full details about the securities to be offered.

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Definitions:

Commissions

Payments made to agents or employees based on the value of sales or services they have directly facilitated or sold.

Sales Agent

An individual or entity tasked with selling products or services on behalf of another company, typically earning a commission for transactions.

Accounting

The systematic process of recording, measuring, and communicating financial information about economic entities.

Notice

A formal communication or announcement, often legal in nature, which informs parties about certain actions or conditions.