Laws & Regulations第 9 / 100 题
Which of the following is an exempt TRANSACTION under the Uniform Securities Act?
a.A public offering of common stock through registration by qualification
b.An isolated non-issuer transaction not effected through a broker-dealer
c.A solicited retail sale of a mutual fund
d.A general solicitation to 100 retail investors
解析
An isolated non-issuer transaction is a classic exempt transaction because it is a one-off sale not part of a regular business. Exempt transactions depend on the manner of sale rather than the security's identity. Public retail offerings and general solicitations do not qualify.
法律依据: Uniform Securities Act免费刷完整 100 道题库 — 无需注册。
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