O investors may resell their stock within the security can only be sold within th the security is exempt from registrati

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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A private offering is a sale of securities in which:
X
investors may resell their stock within 3 months of acquisition.
the security can only be sold within the home state of the offeror.
the security is exempt from registration.
the issuer provides less disclosures in return to selling less stock to fewer investors.
Transcribed Image Text:A private offering is a sale of securities in which: X investors may resell their stock within 3 months of acquisition. the security can only be sold within the home state of the offeror. the security is exempt from registration. the issuer provides less disclosures in return to selling less stock to fewer investors.
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