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Question
Fact Pattern 26-1Fresh Goods, Inc., wants to make an initial public offering of securities. 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 26-1. 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
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