A new promise can include a past consideration for it to be enforceable

Lux Limited Partnership offered $300,000 of its limited partnership interests under Rule 504 of Regulation D of the Securities Act of 1933. The securities were registered and disclosure was made under state law. Which of the following statements is true?

A. The resale of the limited partnership interests by a purchaser will not be restricted. B. The limited partnership interests may be sold only to accredited investors. C. The exemption under Rule 504 is not available to an issuer of limited partnership interests. D. The limited partnership interests may not be sold to more than 35 investors.

Which of the following is the best example of trended data?

A) responses from surveys about current fashions and fads collected from 100 teenagers over the period of a weekend B) responses from surveys about packaged goods brand attributes collected every six months from the same set of 100 parents ages 29-39 C) telephone responses from a direct response television ad aired on different channels at different times over the course of a month D) comparisons of competitors' sales performance in a single business quarter E) interview responses that have been adjusted to compensate for bias from the interviewers