Fact Pattern
Fresh Fruits & Veggies,Inc. ,wants to make an initial public offering of securities.Fresh believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933.
-Refer to Fact Pattern 29-1A.If Fresh is exempt from the federal registration requirement,Fresh is

Question

Fact Pattern 
Fresh Fruits & Veggies,Inc. ,wants to make an initial public offering of securities.Fresh believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933.
-Refer to Fact Pattern 29-1A.If Fresh is exempt from the federal registration requirement,Fresh is

Quizplus · Accepted Answer

Although Fresh may be exempt from the federal registration requirement under Regulation A, it does not necessarily mean that it is exempt from any state registration requirements. Each state has its own securities laws and regulations, and Fresh may need to comply with these laws in order to offer its securities to investors in those states.

Fact Pattern Fresh Fruits & Veggies,Inc. ,Wants to Make an Initial Public