Should Kassie take her attorney's suggestion to spread the word about the securities so she can obtain more investors?
A) Yes,as long as she does not exceed thirty-five unaccredited investors.
B) No,issuers who make private offerings cannot advertise the securities to the general public.
C) Yes,as long as she does not exceed thirty-five total investors.
D) Yes,as long as she does not exceed thirty-five accredited investors.
E) Yes,the private placement exemption,allows firms to issue an unlimited number of securities to an unlimited number of accredited investors.
Correct Answer:
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