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To raise capital to form Tech Folks Corporation with Kelly, Donald sells bonds and stock in other companies, and plans to register an initial public

To raise capital to form Tech Folks Corporation with Kelly, Donald sells bonds and stock in other companies, and plans to register an initial public offering under the Securities Act of 1933. SEC Rule l0b-5 covers

a. just about any form of securities.

b. only bonds.

c. only securities registered under the Securities Act of 1933.

d. only stock.

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