Which two (2) of the following are false?

Group of answer choices

If you want to crowdfund your start-up business, you are allowed to raise up to $5,000,000 in a twelve-month period, and your investors must be either accredited or sophisticated (i.e. average Joes cannot invest).

E. An angel investor typically has less money to invest than a venture capitalist.

A. One of the disadvantages of raising money from investors is that you often must relinquish some control in your company to the investor.

C. Series A funding rarely raises significant amounts of money, and is most typically associated with bootstrapping and friends and family funding.

B. In the context of securities laws, if your business does not qualify for an exemption in connection with the sale of stock, then it must file a formal registration statement with the SEC if it intends to sell securities to investors.