A Regulation D: Rule 506 Offering Has No Limit in Terms

question 26

True/False

A Regulation D: Rule 506 offering has no limit in terms of the dollar amount of the offering but is limited to 35 unaccredited investors.

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Definitions:

Olecranon Process

The bony projection at the upper end of the ulna, forming the point of the elbow.

Ulnar Notch

A small depression on the distal end of the radius bone, where it articulates with the head of the ulna bone in the forearm.

Articulates

Describes how bones connect or join with each other, often to form joints that allow for movement and support of the body.

Radius

A bone in the forearm on the lateral side (thumb side), which runs parallel to the ulna and is involved in forearm rotation.