Is Kassie's Attorney Correct That She Does Not Have to Provide

question 8

Multiple Choice

Is Kassie's attorney correct that she does not have to provide financial information contained in the registration statement because the proposed offering is a private placement offering?

• A)If Kassie offers securities to any unaccredited investor,then she must provide all investors with the basic information that would be contained in a registration statement.
• B)If Kassie offers securities to any unaccredited investor,then she must provide the unaccredited investors with the basic information that would be contained in a registration statement.
• C)She does not have to disclose any information because it is a private offering.
• D)If Kassie offers securities to any investor,then she must provide all investors with the basic information that would be contained in a registration statement.
• E)All issuers must,at a minimum,disclose the information that would have been in a registration statement.

---

Definitions:

Dejobbing

Dejobbing refers to the process of restructuring or redesigning work in a way that traditional job definitions and classifications become less relevant, often in response to changes in technology or market demands.

Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally.

Low Power Distance

A societal characteristic where individuals perceive little difference in power and status among members, promoting equality and challenging authority.

Feedback

The information and reactions received about an individual's performance or about the results of a business activity, used as a basis for improvement.