Question

Which statements are TRUE regarding purchase limitations under Regulation A? I Tier 1 offerings are subject to purchase limitations II Tier 1 offerings are not subject to purchase limitations III Tier 2 offerings are subject to purchase limitations IV Tier 2 offerings are not subject to purchase limitations

A. I and III B. I and IV C. II and III D. II and IV

Answer 1

Tier 1 offerings are not subject to purchase limitations and Tier 2 offerings are subject to purchase limitations ( C )

Step-by-step explanation:

purchase limitations under regulation A states that Non-accredited investors buying tier 2 offerings are subject to purchase limitations which simply means that Tier 2 offerings are subject to purchase limitations while Tier 1 offerings are not subject to purchase limitations according to purchase limitations under Regulation A .