Which of the Following Types of Securities or Securities Transactions

question 29

Multiple Choice

Which of the following types of securities or securities transactions are exempt from the need to be registered under the Securities Act of 1933?
I.Commercial paper with a maturity of nine months or less.
II.Intrastate issues in which the securities are offered and sold only within one state.
III.Securities exchanged by an issuer exclusively with its existing shareholders with no commission charged.

• A) I and II
• B) II
• C) I, II, and III
• D) III

---

Definitions:

Fuel Valve

A component in fuel systems that controls the flow or direction of fuel, ensuring proper delivery to an engine's combustion chamber.

Acetylene Regulator

A device used to control the pressure and flow of acetylene gas from a tank to an output, commonly used in welding.

Oxygen Torch Valve

A valve on an oxygen torch that regulates the flow of oxygen to control the flame for welding or cutting purposes.

PPE

Personal Protective Equipment; gear worn to minimize exposure to hazards that can cause serious workplace injuries and illnesses.