Which of the following makes it a criminal offense to willfully make any untrue statement of material fact in a registration statement filed with the Securities and Exchange Commission (SEC)? A. Section 24 of the Securities Act of 1933 B. the Tax Reform Act of 1976 C. Section 10(b) of the Securities Exchange Act of 1934 D. the Private Securities Litigation Reform Act of 1995 Which of the following best defines a surviving corporation? A. a corporation that continues to exist after a merger B. a corporation that has been in existence for at least 50 years C. a corporation that continues its operations after filing for bankruptcy OD. a proprietorship or partnership that evolved into a corporation Which of the following is true of registration statements? A. Once submitted, they cannot be amended. B. The Securities and Exchange Commission (SEC) judges the merits of the securities based on the registration statement. O C. They must be accompanied by financial statements certified by certified public accountants. OD. They need not reveal how a company plans on using the proceeds from the offering. Iroquois Corporation (Iroquois) has 30,000 outstanding shares. A shareholders' meeting is duly called to amend the articles of incorporation, and 17,501 shares are represented at the meeting. If an Iroquois amendment for its articles of incorporation is put to vote at this meeting, which of the following statements is true with respect to the passing of the amendment? O A. The amendment would be passed if 8,751 votes approve. B. The amendment would be passed only if all 17,501 votes approve. O C. The amendment would not be passed as all 30,000 votes have to be represente OD. The amendment would be passed if 4,376 votes approve. Which of the following is correct regarding the formation of a limited liability company (LLC)? A. "LC" cannot be used to denote an LLC. B. Doctors and attorneys cannot operate practices as LLCs. C. An LLC is a creation of federal law. D. An LLC must be organized in every state that it operates