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Which Class of Securities Is (Are) Exempt from the Federal

Question 217

Multiple Choice

Which class of securities is (are) exempt from the federal securities laws?


A) issues by companies with ten-year profit records
B) issues by corporations with assets under $1 million
C) issues by corporations with over $1 billion in assets
D) all of the other specific choices
E) none of the other choices

Correct Answer:

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