Flo-Thru Corporation Is Poised to Issue Securities That, Under the Securities

question 46

Multiple Choice

Flo-Thru Corporation is poised to issue securities that, under the Securities Act of 1933, are "exempt." This means that the securities can be sold

• A) on the basis of a material omission or misrepresentation.
• B) on the basis of nonpublic information.
• C) within any six-month period by certain insiders.
• D) without being registered.

---

Definitions:

Insincere Flattery

Expression of praise or admiration that is not genuine, often done to gain favor or advantage.

Direct Approach

A communication strategy that involves stating the main point or request at the beginning of the message for clarity and immediacy.

Negative Message

Communication that conveys a refusal, rejection, or other unpleasant information.

Sincere Apology

An expression of remorse that is honest and deeply felt, meant to make amends for a mistake or transgression.