An Offering Circular Requires Less Disclosure Compared to a Registration

question 55

True/False

An offering circular requires less disclosure compared to a registration statement.

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Definitions:

Civil Rights Act

Historic pieces of legislation in the United States that outlaw discrimination based on race, color, religion, sex, or national origin, primarily the Act of 1964 which addressed voting rights, public accommodations, and employment discrimination.

Philadelphia Plan

A policy introduced during the Nixon administration requiring government contractors in Philadelphia to hire minority workers.

Government Affirmative Action

Government policies or practices aimed at increasing opportunities for historically disadvantaged groups by implementing measures to ensure their consideration in jobs, education, and other sectors.

Federal Government

A system of government where powers and responsibilities are divided between a national government and smaller administrative regions, states or provinces.