
Jane and Blaine Anderson started a business selling purses,wallets,and belts throughout the United States.Jane and Blaine need $1,000,000 to fund an expansion of her business so that she can sell internationally.Jane and Blaine cannot afford to register a stock offering.Blaine was once an investment banker who entered into a civil settlement with the SEC following charges that his company misled investors about an offering the firm handled.Which of the following would work for Jane and Blaine as a means for raising the money?
A) Since they only want to raise $1,000,000, crowd funding would be a means for doing so.
B) A Regulation A offering meets their needs.
C) They would qualify for an intrastate exemption.
D) none of the above
Correct Answer:
Verified
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