Which of the following is not exempt from registration with the SEC under the Securities Act of

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Which of the following is not exempt from registration with the SEC under the Securities Act of 1933?

a. Securities issued by a nonprofit religious organization

b. Securities issued by a government unit

c. A public offering of $40 million to unaccredited investors under Regulation A

d. An offering to 40 sophisticated investors

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Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

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