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Sarah Leblanc
on Nov 21, 2024

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Which of the following is the term for the document referenced by Marc to be provided to the SEC that will be used as an advertising tool to potential investors who can rely on it to decide whether they should buy securities?

A) An advertising statement
B) A prospectus
C) An inventory
D) A proposed income statement
E) A securities advertisement

Prospectus

A formal document that companies use to describe the securities they are offering for sale to investors.

SEC

The Securities and Exchange Commission, a U.S. federal agency that oversees the securities industry to protect investors and maintain fair, orderly, and efficient markets.

Advertising Tool

Any method or resource used by businesses to promote their products, services, or brand to potential customers.

  • Understand the significance and role of the registration statement in the process of offering securities.
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JC
Jordan CosmeNov 27, 2024
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