The Following Obligations Relating to Debentures Are Included in the Corporations

The following obligations relating to debentures are included in the Corporations Act:
1.prepare a disclosure document before the proposed offer of debentures
2.appoint a trustee whose task is to monitor the borrower so as to safeguard the investors
3.keep a register of debenture holders
-When a unregulated offer of debentures is made, a company is most likely required to:

A) 1 only
B) 1 and 3 only
C) 3 only
D) 1, 2 and 3