Speech that is offensive to many members of the society but is not obscene or violent is held unprotected by the U.S. Supreme Court

Indicate whether the statement is true or false

FALSE

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During 2016, Clark received the following interest income: On Veterans Administration insurance dividends left on deposit with the V.A. $20 On state income tax refund 30 What amount should Clark include for interest income in his 2016 return?

a. $50 b. $30 c. $20 d. $0

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Which of the following is not correct about the intrastate offering exception under the Securities

Act of 1933? A) The issuer must be a resident of the state for which the exemption is claimed. B) The issuer must do business only in the state for which the exemption is claimed. C) The purchasers must all be residents of the state for which the exemption is claimed. D) The issuer can qualify for the exemption in only one state.

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