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Cattle Ranch Company Offers Its Stock for Sale Only in a Single

Question 68

Multiple Choice

Cattle Ranch Company offers its stock for sale only in a single state. The law in the company's state is like the law in most states. Thus, the firm's offer is subject to state securities statutes that include​


A) ​antifraud and disclosure provisions.
B) ​antifraud provisions only.
C) ​disclosure provisions only.
D) ​neither antifraud nor disclosure provisions.

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