A SCOR Filing Has a Number of Advantages to It,such

question 84

Multiple Choice

A SCOR filing has a number of advantages to it,such as the fact that:

• A)partnerships can use it.
• B)it is recognized in every state.
• C)a company may raise between $3 and $5 million per year.
• D)there is no requirement for an audited financial statement if the offering is under $500,000.

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Definitions:

Commitment

The state or quality of being dedicated to a cause, activity, or goal, often manifesting in willingness to give time and energy to something believed in.

Motivation

The internal or external factors that stimulate people to take actions that lead to achieving a goal.

Staff

The group of individuals employed by an organization or a specific project, contributing to its operation and success.

Behaviors

The way an individual or group behaves or responds to outside or inside forces.