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Cattle Ranch Company Offers Its Stock for Sale Only in a Single

Question 21

Multiple Choice

Cattle Ranch Company offers its stock for sale only in a single state. The law in Cattle Ranch's state is like the law in most states. Cattle Ranch's offer is sub?ject to state securities statutes that include


A) antifraud and disclosure provisions.
B) antifraud provisions only.
C) disclosure provisions only.
D) neither antifraud nor disclosure provisions.

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