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.
Correct Answer:
Verified
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