Which of the Following Statement Is(are)true

question 43

Multiple Choice

Which of the following statement is(are) true?

• A)Rule 505 permits the sale of $10 million of unregistered securities in the private offering in any 12-month period.
• B)Rule 504 and 505 permit no general advertising or solicitation through public media.
• C)Rule 506 provides the first exemption to a company seeking to raise a small amount of capital from numerous investors.
• D)The entrepreneur issuing the private offering is spared the burden of proving that the exemptions granted have been met.

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Definitions:

DNA Helix

The double-stranded, spiral structure of DNA that carries genetic information necessary for cell growth, division, and function.

Gene

The basic unit of heredity. Genes are composed of deoxyribonucleic acid (DNA).

Zygote

The initial cell formed when a new organism is conceived, created by the merging of female and male reproductive cells.

Cytosine

One of the four main nucleobases found in DNA and RNA, which pairs with guanine.