Which of the Following Is Not a Characteristic of Short

Which of the following is not a characteristic of Short Form Prospectus Distribution system?

A) All large firms to borrow money for short period of time.
B) Allow large firms to file their annual and interim financial statements on a continuous basis.
C) Provide flexibility and reduce registration fees and expenses.
D) Are typically used for the sale of straight debentures rather than common stock or convertible issues.
E) All of the above are characteristics of Short Form Prospectus Distribution system.