Which of the following company actions require registration with the S.E.C.?
a) borrowing money by using its bank credit line
b) borrowing money from a bank via a term loan
c) borrowing money by selling bonds in the open market
d) an initial public offering
e) a follow-on offering of shares in the open market
f) retaining earnings to add to its equity
Answer:
c) borrowing money by selling bonds in the open market
d) an initial public offering
e) a follow-on offering of shares in the open market
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