Which of the following statements is correct in relation to disclosure documents?
A) The most complete disclosure document on the issue of securities is a profile statement.
B) Prospective investors are not entitled to receive a copy of the prospectus lodged with the ASIC.
C) Information in a disclosure document must be worded and presented in a clear, concise and effective manner.
D) Where a company offers to issue securities which will raise $10 million or less, an offer information statement cannot be issued in place of a prospectus.
Correct Answer:
Verified
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