Carmen Company wants to make an offering of securities exempt from registration under Rule 505 of the Securities Act of 1933.To do this,Carmen:
A) may sell to 50 unaccredited purchasers.
B) may sell to any number of accredited purchasers.
C) may only sell to purchasers sophisticated in investment matters.
D) cannot restrict resale of securities for one year.
Correct Answer:
Verified
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