Assuming Rule 504 of Regulation D otherwise applies,it exempts offerings of up to __________ within a __________ period,and there may be __________ purchasers.
A) $2 million; six-month; up to 100
B) $500,000; two-year; up to 500
C) $1 million; twelve-month; an unlimited number of
D) $100,000; three-month; up to 50

Question

Quizplus · Accepted Answer

Rule 504 of Regulation D allows for exemptions of offerings up to $1 million within a twelve-month period, and there is no limit on the number of purchasers that can participate.

Assuming Rule 504 of Regulation D Otherwise Applies,it Exempts Offerings