Good Gold Company sold $20 million worth of preferred shares. The company should have registered the offering
Question:
Good Gold Company sold $20 million worth of preferred shares. The company should have registered the offering under the Securities Act of 1933 if it were sold to
a. 150 accredited investors.
b. One insurance company.
c. 30 investors all resident in one state.
d. Diverse customers of a brokerage firm.
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ISBN: 978-1259087462
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Authors: Wally J. Smieliauskas, Kathryn Bewley
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