Which of the following is not an accredited investor for purposes of the private placement exemption under the Securities Act of 1933?
A) a person with a net worth of at least $1,000,000
B) a corporation or partnership with total assets in excess of $5,000,000
C) a director of a corporation that is the issuer
D) a person who had an income of at least $200,000 in the most recent year
Correct Answer:
Verified
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