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Which of the Following Statements Is True of a Seller

Question 47

Multiple Choice

Which of the following statements is true of a seller?


A) It refers to anyone who contracts with a purchaser or who is a motivating influence that causes the purchase transaction to occur.
B) It refers to the individual or business organization offering a security for sale to the public.
C) It refers to anyone who participates in the original distribution of securities by selling such securities for the issuer or by guaranteeing their sale.
D) It refers to a person with whom some article is left, usually pursuant to a contract who is responsible for the safe return of the article to the owner when the contract is fulfilled.
E) It refers to anyone who controls or is controlled by the issuer, such as a major stockholder of a corporation.

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