A(n) ________ is a printed statement given to prospective securities investors setting out a full, true, and plain disclosure of all material facts relating to the securities and the issuer.
A) prospectus
B) article of incorporation
C) memorandum of association
D) charter

Question

Quizplus · Accepted Answer

A prospectus is a legal document required by the Securities and Exchange Commission (SEC) that gives details about an investment offering for sale to the public. It provides investors with important information about the securities being offered, including the terms of the investment, risks involved, financial statements, and other relevant information necessary for an investor to make an informed decision. The prospectus has to contain a full, true, and plain disclosure of all material facts relating to the securities and the issuer.

A(n) ________ Is a Printed Statement Given to Prospective Securities