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Irrelevantshine Irrelevantshine
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6 years ago
Under the duty of care, directors will be liable if they:
 a. Make a decision that has a rational business purpose
  b. Use the same care as an ordinarily prudent person
  c. Make informed decisions
  d. Engage in illegal behavior that is profitable to the company
  e. Make an informed decision that ultimately harms the company1 Under Regulation D, an issuer:
 a. May not sells to a thousand accredited investors.
  b. May not sells to 27 unaccredited investors.
  c. Must make disclosure to accredited investors.
  d. Must make disclosure to unaccredited investors.
  e. May advertise the stock publicly.
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Mmm23Mmm23
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6 years ago
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