Assuming Requirements Are Satisfied,which of the Following,if Any,may Allow Bernice

question 4

Multiple Choice

Assuming requirements are satisfied,which of the following,if any,may allow Bernice to avoid registration with the SEC if she proceeds with her plan to offer securities only to friends without advertisement?

• A) The limited exemption
• B) The accredited exemption
• C) The unadvertised exemption
• D) The private placement exemption
• E) There is no such exemption to registration requirements

---

Definitions:

Press Runs

The total number of copies produced in one operation or batch on a printing press.

Book Set-Ups

The initial steps or arrangements required to prepare books for financial accounting or publishing.

Wages And Salaries

Payments made to employees for their labor, comprised of regular salaries and hourly wages.

Spending Variance

The difference between the actual amount of money spent and the budgeted amount for various categories.