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Question
Fact Pattern 31-1Fresh Cream, Inc., wants to make an initial public offering of securiÂties. Fresh believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933.
Refer to Fact Pattern 31-1. Fresh decides to sell its new securities via the Internet. This offering
a. will avoid the payment of commissions to brokers or underwriters.
b. is an investment scam.
c. is a Ponzi scheme.
d. constitutes insider trading.
Answer
This answer is hidden. It contains 1 characters.
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