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C Question 21 Exempt from the registration requirement of the Securities Act of 1933 are offerings of securities Opurchased by charitable organizations. Oinvolving a large

C Question 21 Exempt from the registration requirement of the Securities Act of 1933 are offerings of securities Opurchased by charitable organizations. Oinvolving a large dollar amount. Omade to a small number of knowledgeable investors. issued by for-profit organizations

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