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Which of the Following Statements Is True of a Seller

Question 60

Multiple Choice

Which of the following statements is true of a seller?


A) It refers to anyone who contracts with a purchaser or who is a motivating influence that causes the purchase transaction to occur.
B) It refers to the individual or business organization offering a security for sale to the public.
C) It refers to anyone who prepares the registration statement and prospectus for securities involved in a sale.
D) It refers to a person who is in possession of an article and is responsible for returning the article safely to the owner once the contract is fulfilled.
E) It refers to anyone who controls or is controlled by the issuer, such as a major stockholder of a corporation.

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