A private-placement memorandum is:
a. a notice to the SEC about a non-registered security sale that is occurring
b. a contract signed by the buyer of an unregistered security in which they recognize they are buying risky, unregistered securities
c. a notification to stock brokers about the availability of an unregistered stock offering
d. a note placed in the permanent files of an unregistered security offering detailing the offer e. none of the other choices
e
Business
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The largest gains in wages for public sector employees are reported for ________.
A. teachers' unions B. firefighters C. telecommunication unions D. postal services
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Potential penalties for real estate-related fraud are fines up to $1 million and/or imprisonment for up to 30 years.
a. true b. false
Business