SEC Registration Is Not Required When a Company Makes A

question 33

Multiple Choice

SEC registration is not required when a company makes a:

• A)private placement of securities.
• B)public offering of securities issue having a value less than $5 million and a maturity less than nine months.
• C)public offering of securities having a value greater than $5 million.
• D)both A and B.

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Definitions:

Liquids

A state of matter characterized by an indefinite shape that conforms to the shape of its container, but with a definite volume.

Solids

Materials with a fixed shape and volume, characterized by strong intermolecular forces.

Density

A physical property defined as the mass per unit volume of a substance, often used to identify or characterize materials.

Volume

The amount of space that an object or substance occupies, measured in cubic units.