To Qualify for a Rule 147 (Intrastate) Public Stock Offering

question 28

Multiple Choice

To qualify for a Rule 147 (intrastate) public stock offering, a company must ________ in the state in which it makes this offering.

• A) be incorporated and maintain its executive offices
• B) derive 80 percent of its revenue
• C) use 80 percent of the offering proceeds for business
• D) All of the above

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Definitions:

Punishment

A consequence applied to decrease or eliminate an unwanted behavior, typically involving either physical or psychological discomfort.

Shaping

A behavioral conditioning technique that involves reinforcing successive approximations toward a desired behavior.

Continuous Reinforcement

A learning process in which a desired behavior is reinforced every time it occurs, leading to quicker acquisition of the behavior.

Complex Tricks

Elaborate or sophisticated methods used to achieve a specific goal, often requiring skill and ingenuity.