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Refer to Fact Pattern 21-1

Question 57

Multiple Choice

Refer to Fact Pattern 21-1. Drilling Tools decides to sell its new securities via the Internet. Assuming Drilling Tools did qualify under Regulation A, its offering via the internet


A) will avoid the payment of commissions to brokers or underwriters.
B) is an investment scam.
C) is a Ponzi scheme.
D) constitutes insider trading.

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