Which of the following is a drawback of private placements? A) ...

[stephzh]

Which of the following is a drawback of private placements?
 A) They are more complex and expensive than public offerings.
  B) Complex registration documents need to be prepared for their financing.
  C) They are required to register with the Securities and Exchange Commission (SEC).
  D) Unregistered securities cannot be sold to anyone except accredited investors.

Question 2

Many entrepreneurs lack the management skills required to run a business.
 
 Indicate whether the statement is true or false

[joshraies]

Answer to Question 1

D

Answer to Question 2

True

[stephzh]

Thank you

[joshraies]

No problemo