May Study Question of the Month

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Submit your answer to info@solomonexamprep.com to be entered to win a $20 Starbucks gift card.

Question

 

 

 

 

 

 

Through a private placement, Teddy purchases a 20% equity stake in Big Stick Industrial Adhesives. Are his shares considered control securities? Are they considered restricted securities?
 
A. Restricted only
B. Control only
C. Both control and restricted
D. Neither control nor restricted

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