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:

Peer-To-Peer

A communications model that is decentralized, where every participant possesses equal capabilities and any participant can start a communication session.

Central

Referring to the primary or most important part, or located at the center.

Corporate

Relating to a large company or group, or pertaining to corporate businesses and their activities, strategies, and structure.

Fiber-Optic Cable

A type of cable made of glass fibers that transmit data at high speeds over long distances using light signals.