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Question
Fresh Seasonal Fruit Company has assets of less than $10 million and fewer than fifty shareholders. Gourmand Pastries, Inc., has assets of more than $50 million and more than five hundred shareholders. The Securities Exchange Act of 1934 applies toA.Fresh Seasonal Fruit and Gourmand Pastries.
B.Fresh Seasonal Fruit only.
C.Gourmand Pastries only.
D.neither Fresh Seasonal Fruit nor Gourmand Pastries.
Answer
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