Which of the following statement is(are) true?
A) Rule 505 permits the sale of $10 million of unregistered securities in the private offering in any 12-month period.
B) Rule 504 and 505 permit no general advertising or solicitation through public media.
C) Rule 506 provides the first exemption to a company seeking to raise a small amount of capital from numerous investors.
D) The entrepreneur issuing the private offering is spared the burden of proving that the exemptions granted have been met.
Correct Answer:
Verified
Q81: Accredited investors are:
A)investors who purchase over $5,000
Q82: Explain and define the four types of
Q82: Under the _ program,federal agencies with budgets
Q83: Give examples of internal and external sources
Q84: _ financing involves using any possible methods
Q84: Obtaining funds from private investors:
A) is inappropriate
Q85: Explain what problems an entrepreneur might avoid
Q91: Identify and explain the four types of
Q92: Which grant program requires partners at universities
Q93: Outside financing:
A) usually takes between 15 days
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents