Question

Of the securities listed below, which would be exempt from the registration requirements of the Uniform Securities Act?I. Securities issued by a railroad common carrier companyII. Securities issued by a federal credit union established for teachersIII. Securities issued by a trust companyIV. Securities issued by a corporationA. I onlyB. I and III onlyC. I, II, and III onlyD. I, II, III, and IV

Answer 1

Answer:c

Explanation: from the listed options

Securities issued by a railroad common carrier company.

Securities issued by a federal credit union established for teachers

Securities issued by a trust company . All of these are exempt from the registration requirements of the Uniform Securities Act.