Fact Pattern 7-1
College Bound, Inc., markets test and study prep materials and courses. College Bound wants to make an initial public offering of securities. The firm believes that it qualifies for an exemption under Regulation A from the full registration requirement of the Securities Act of 1933.
-Refer to Fact Pattern 7-1. College Bound decides to sell its new securities via the Internet. Most likely, this offering

Question

Fact Pattern 7-1
College Bound, Inc., markets test and study prep materials and courses. College Bound wants to make an initial public offering of securities. The firm believes that it qualifies for an exemption under Regulation A from the full registration requirement of the Securities Act of 1933.
-Refer to Fact Pattern 7-1. College Bound decides to sell its new securities via the Internet. Most likely, this offering​

Quizplus · Accepted Answer

Selling securities via the internet can be cost-effective and efficient, helping to reduce offering-related expenses for College Bound. The other options do not apply to the fact pattern.

Fact Pattern 7-1 College Bound, Inc., Markets Test and Study Prep Materials and Prep