Rhodes Company wants to make an offering of securities exempt from registration under Rule 504 of the Securities Act of 1933. Which of the following is a requirement of Rule 504?

A Rhodes may sell to no more than 35 unaccredited purchasers.

BRhodes must sell only to investors who are able to protect themselves by making informed investment decisions.

C Rhodes must be a nonpublic issuer under the Securities Exchange Act.

D Rhodes may not make any general solicitations of investors.