Modern Investments is a small business that focuses primarily on securities trading in South America. The company wants to issue a securities offering to the public worth $500,000. Modern Investments is:

a. exempted from registration requirements under Rule 504.
b. not exempted from registration requirements under Rule 504.
c. exempted from registration requirements under Rule 505.
d. partially exempted from registration requirements under Rule 144.

Ans: b. not exempted from registration requirements under Rule 504.

Business

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A major advantage to a retailer's having a large inventory is the minimization of expenses associated with obsolescence and deterioration

Indicate whether the statement is true or false

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