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While Section 4(a)2 Does Not Limit the Dollar Amount of an Offering

Question 65

Multiple Choice

While Section 4(a) 2 does not limit the dollar amount of an offering, the interpretation of the law has stipulated that the:


A) investors must be sophisticated
B) number of investors must be limited to 35
C) funds must be raised within a 12-month period
D) offering must be extended to the public, and not only investors who have a relationship with the issuer

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