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Hometown Shops Retail Company Has Assets of Less Than $10

Question 39

Multiple Choice

Hometown Shops Retail Company has assets of less than $10 million and fewer than five hun?dred shareholders.Interstate Outlets,Inc. ,has assets of more than $10 mil?lion and more than five hundred shareholders.The Securities Exchange Act of 1934 applies to


A) Hometown Shops and Interstate Outlets.
B) Hometown Shops only.
C) Interstate Outlets only.
D) neither Hometown Shops nor Interstate Outlets.

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