Venture Capital,Inc.needs to raise $10 million in capital and has been able to obtain the agreements of ten insurance companies to invest $1 million each.If Venture wishes to avoid the cost of full SEC registration,it should:

Question

Quizplus · Accepted Answer

Venture Capital, Inc. can avoid the cost of full SEC registration by using a private placement exemption, which is not listed among the options provided. Rule 504 exemptions and Regulation A are specific exemptions under the SEC regulations, but they have limitations and conditions that may not apply or be sufficient for raising $10 million. Simply registering under state blue sky laws does not exempt a company from SEC registration requirements. Therefore, the correct answer is D) none of the above, as none of the provided options directly apply to avoiding full SEC registration for raising $10 million.