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| Acme Corp. intends to make a public offering in several states of 250,000 shares of its common stock. Under the Securities Act of 1933, A. Acme’s use of any prospectus delivered to an unsophisticated investor must be accompanied by a simplified explanation of the offering. B. Acme must sell the common stock through licensed securities dealers. C. Acme may make an oral offer to sell the common stock to a prospective investor after a registration statement has been filed but before it becomes effective. D. Acme must, in all events, file a registration statement with the SEC because the offering will be made in several states. |