Ch 21

Ch21 21SECURITIES CHAPTER LAW TRUE/FALSE 1. The offers did non have federal official legislation prior to the time of the federal securities laws. autonomic nervous system: F NAT: AACSB: uninflected reach: state regulations 2. A primary straining is a first-time offering of shares for sale. ANS: T NAT: AACSB: uninflected blooming: primary sales 3. A bond is not considered a security under federal law. ANS: F NAT: AACSB: analytical sneak: securities 4. A limited partnership interest is not considered a security. ANS: F NAT: AACSB: analytical cabbage: securities 5. The 1933 Securities bleed regulates primary offerings. ANS: T NAT: AACSB: Analytic give: 1933 puke 6. The 1934 Securities Exchange Act regulates the secondary sale of securities. ANS: T NAT: AACSB: Analytic superlative: 1934 Act 7. Municipal bonds are revivify from SEC requirements. ANS: T NAT: AACSB: Analytic TOP: securities 8. A stock split must be registered with the SEC. ANS: F NAT: AACSB: Analytic T OP: stock split 9. The intrastate adaption liberty requires that 100 percent of the offerees be residents of the same state as the issuer. ANS: T NAT: AACSB: Analytic TOP: intrastate 10. The intrastate registration exemption requires that 100 percent of the issuers assets be determined in its resident state. ANS: F NAT: AACSB: Analytic TOP: intrastate 11.

Regulation A short-form exemptions grass be employ for offerings of $5 million or less. ANS: T NAT: AACSB: Analytic TOP: Regulation A 12. Registration consolidation can produce a cumulative violation of several(prenominal) small offerings. ANS: T NAT: AACSB: A nalytic TOP: registration 13. An authorized! investor includes any(prenominal) corporation. ANS: F NAT: AACSB: Analytic TOP: accredited 14. A natural person whose net price is greater than $1 million is an accredited investor. ANS: T NAT: AACSB: Analytic TOP: accredited 15. All Regulation D offerings can be sold through advertising. ANS: F NAT: AACSB: Analytic TOP: Regulation D 16. Rule 504 carries a 35-purchaser maximum (excluding accredited investors). ANS: F NAT: AACSB: Analytic TOP: Rule...If you want to grasp a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay