zakkski3196 zakkski3196

16-08-2021
Business

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The President of a small company owns 100% of the company's stock. The President sells some of the company's stock to four employees and officers of that company without taking a commission. Under the Uniform Securities Act, the President is:

Respuesta :

glorydavid844 glorydavid844

16-08-2021

Answer:

B

Explanation:

it is because selling securities in an exempt transaction , so no registration is required.

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