Choose the Word or Phrase in [ ] Which Will

question 96

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-Borrowing from relatives is [highly | seldom] recommended by financial advisors.

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Definitions:

Accredited Purchasers

A person or entity recognized as capable and financially stable enough to engage in certain kinds of investment transactions.

Misleading Registration Statement

A filing with inaccuracies or omissions significant enough to deceive investors, generally related to securities offerings, violating securities laws and regulations.

Section 11

In various contexts could refer to a specific provision of a legal document or statute; often requires specificity to the law or regulation being referenced.

Civil Action

A legal proceeding in which a plaintiff sues a defendant to resolve a non-criminal dispute.