Characteristics of crowdfunding include:
A) Raising funds from a large number of people other than accredited investors with relatively modest regulatory restrictions.
B) Raising funds from a large number of people but it is still subject to tight regulations.
C) Crowdfunding must be coordinated through registered companies such as Kickstarter or Indiegogo.
D) Regulations on crowdfunding are imposed only by the federal governments in Canada and the U.S.
E) Regulations are in place to set the minimum and maximum contributions an individual can make.
Correct Answer:
Verified
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