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Is Kassie's Attorney Correct That She Does Not Have to Provide

Question 65

Multiple Choice

Is Kassie's attorney correct that she does not have to provide financial information contained in the registration statement because the proposed offering is a private placement offering?


A) If Kassie offers securities to any unaccredited investor,then she must provide all investors with the basic information that would be contained in a registration statement.
B) If Kassie offers securities to any unaccredited investor,then she must provide the unaccredited investors with the basic information that would be contained in a registration statement.
C) She does not have to disclose any information because it is a private offering.
D) If Kassie offers securities to any investor,then she must provide all investors with the basic information that would be contained in a registration statement.
E) All issuers must,at a minimum,disclose the information that would have been in a registration statement.

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