Rule 506 of Regulation D Is Limited in Terms of the Number

question 38

Multiple Choice

Rule 506 of Regulation D is limited in terms of the number of unaccredited investors to:

• A) 20
• B) 25
• C) 30
• D) 35
• E) 40

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Definitions:

Reciprocity Norms

Social norms that dictate that we should treat others as they treat us, leading to mutual benefit or support.

Reciprocity Norm

A social expectation that people will respond to each other in kind, returning benefits for benefits and responding to harms with either retaliation or forgiveness.

Social-Responsibility Norm

An expectation that people will help those dependent upon them.

Deindividuation

A psychological state characterized by reduced self-awareness and diminished personal responsibility, often occurring in group settings.