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    Question

    What is a Private Placement?

    A An issue to the general public Correct Answer Incorrect Answer
    B An issue to existing shareholders Correct Answer Incorrect Answer
    C An issue to a select group of people not exceeding 200 Correct Answer Incorrect Answer
    D An issue of shares without any consideration Correct Answer Incorrect Answer
    E An issue through the stock exchange Correct Answer Incorrect Answer

    Solution

        Private Placement is the issuance of securities to a select group of people, not exceeding 200.

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