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What Are the Main Differences Between a Prospectus and an Offering

Question 40

Multiple Choice

What are the main differences between a prospectus and an offering memorandum?


A) A prospectus is shorter and costs less to prepare than an offering memorandum.
B) Offering memorandums are shorter and cost less to prepare than prospectuses.
C) A prospectus costs less to prepare but is longer than an offering memorandum.
D) Prospectus and offering memorandum are two different names for the same document.

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