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Which body of law governs the rules regarding the offering or trading of ownership interests in corporations?

A. State law.
B. The Revised Model Business Corporation Act.
C. Federal law.
D. Common law.

User Abdelhafid
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Answer

:C. Federal law.

Step-by-step explanation:

Federal law can be regarded as one of the body of law in a country usually form by the federal government, the federal government which is the combination of states and province in a country under one federation usually raise some law that overseas the trading ownership interests( how a firm is able to secure common stock in another in corporations)as well as other rules that protect the business, organization through the federation. It should be noted that federal law is the body of law that governs the rules regarding the offering or trading of ownership interests in corporations

User Berta
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