Which of the Following Transactions of Sale of Securities Would

question 5

Multiple Choice

Which of the following transactions of sale of securities would be exempt from the registration requirement?

• A)Transactions made by an issuer.
• B)Transactions made by an underwriter.
• C)Offerings of small business investment companies not made in accordance with rules and regulations of the Securities and Exchange Commission.
• D)Private offerings to a limited number of people who do not propose to redistribute their securities.
• E)Securities of municipal,state,federal and other government instrumentalities,of charitable institutions,of banks,and of carriers not subject to the Interstate Commerce Act.

---

Definitions:

Accounts Payable

The amount of money that a company owes to its suppliers or creditors for goods and services received.

Transaction Costs

Expenses incurred during the process of buying or selling goods and services, which can include fees, taxes, and other related costs.

Generally Accepted Accounting Practices (GAAP)

A collection of commonly followed accounting rules and standards for financial reporting.

Federal Regulations

Laws established by the federal government to control or govern specific activities, often enforcing standards.