Under Section 14, a shareholder proposal in the proxy materials:

A) is limited to 500 words.

B) must be made by a shareholder who owns at least 5 percent of the outstanding shares of the corporation.

C) need not be included if management objects.

Which of the following is true of a Rule 504 offering?

A) It must be made only to accredited investors.

B) It is limited to 35 purchasers.

C) It is limited to $5 million.

A tombstone ad:

A) is permitted in Regulation D offerings.

B) is an offer to sell securities.

C) can be run after the registration statement is filed.

Which of the following exemptions has no dollar limitation but the number and type of investors are limited?

A) Rule 501

B) Rule 506

C) Rule 511

Under the JOBS Act, emerging growth companies:

A) qualify for postponed 1934 Act requirements.

B) are not required to have any SEC supervision for 5 years.

C) need not have accredited investors in the 506 offerings.

Which of the following is true about asset acquisitions?

A) Asset acquisitions are accomplished through the use of tender offers.

B) Shareholder approval is not required for an asset acquisition.

C) Asset acquisitions are not subject to the constraints of the Clayton Act.