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Should Kassie Take Her Attorney's Suggestion to Spread the Word

Question 62

Multiple Choice

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.

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