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W Ontario LTD is an offering corporation. What would require their counsel to advise on a legal issue?

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Final answer:

W Ontario LTD, as an offering corporation, may need legal counsel to address various legal issues, especially related to securities law, compliance, and corporate governance.

Step-by-step explanation:

W Ontario LTD, as an offering corporation, may require legal counsel to advise on a variety of legal issues. An offering corporation typically refers to a company that is offering its securities (such as stocks or bonds) for sale to the public. Consequently, their legal counsel may need to consider issues related to securities law, regulatory compliance, corporate governance, financing, and any other matters pertaining to the operation and public offering of a corporation. The legal counsel's role is to ensure that the corporation adheres to all applicable laws and regulations and to protect the corporation’s best interests during its business dealings.

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