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While the Securities and Exchange Commission Does Not Directly Regulate

Question 1

Multiple Choice

While the Securities and Exchange Commission does not directly regulate real estate sales, it can become involved under which of the following circumstances?


A) Whenever any sale of land is across state lines
B) If it suspects mishandling of an escrow account
C) If paper is sold for development without a specific commitment for conveyance of property
D) A sale where payment is made by installment notes

Correct Answer:

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