An accredited investor definition is O A person that earns no more than $200,000 (or $300,00 with spouse) in the last two years and have no more than $1,000,000 net worth without the primary residence O A person that earns at least $200,000 (or $300,00 with spouse) in the last two years and at least $1,000,000 net worth without the primary residence O A person that earns no more than $200,000 (or $300,00 with spouse) in the last two years or have no more than $1,000,000 net worth without the primary residence O A person that earns at least $200,000 (or $300,00 with spouse) in the last two years or at least $1,000,000 net worth without the primary residence

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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In a private placement, the issuer has to avoid reaching out to a large number of potential investors to avoid the risk that the SEC declares that it is in fact a public offering and
demand that the offering gets registered with the SEC. What is the maximum number of offerees that industry practice dictates not to go over in a private placement offering?
10
100
1000
10000
Transcribed Image Text:In a private placement, the issuer has to avoid reaching out to a large number of potential investors to avoid the risk that the SEC declares that it is in fact a public offering and demand that the offering gets registered with the SEC. What is the maximum number of offerees that industry practice dictates not to go over in a private placement offering? 10 100 1000 10000
An accredited investor definition is
A person that earns no more than $200,000 (or $300,00 with spouse) in the last two years and have no more than $1,000,000 net worth without the primary residence
A person that earns at least $200,000 (or $300,00 with spouse) in the last two years and at least $1,000,000 net worth without the primary residence
A person that earns no more than $200,000 (or $300,00 with spouse) in the last two years or have no more than $1,000,000 net worth without the primary residence
A person that earns at least $200,000 (or $300,00 with spouse) in the last two years or at least $1,000,000 net worth without the primary residence
Transcribed Image Text:An accredited investor definition is A person that earns no more than $200,000 (or $300,00 with spouse) in the last two years and have no more than $1,000,000 net worth without the primary residence A person that earns at least $200,000 (or $300,00 with spouse) in the last two years and at least $1,000,000 net worth without the primary residence A person that earns no more than $200,000 (or $300,00 with spouse) in the last two years or have no more than $1,000,000 net worth without the primary residence A person that earns at least $200,000 (or $300,00 with spouse) in the last two years or at least $1,000,000 net worth without the primary residence
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