Legal marketing
In your own words, write a 500 word count discussion on this topic. You may use sources but they must be scholarly and formatted in APA form with an reference page also. Highlight each section with the question above and the answer below so you know that you answered all questions thoroughly...
Private University, a private nonprofit educational institution located in California, decides to issue "Shares in Learning" certificates in a one-time offering to the public. These shares will be sold for $500 each and entitle the bearer to redeem each certificate for two undergraduate or one graduate college credit in any of its schools at any time in the future. The shares may also be resold without restriction by the initial purchaser. The offering will be made via the Internet.
ANSWER THE TWO QUESTIONS BELOW THOROUGHLY
Will the offering need to be registered with the Securities and Exchange Commission (SEC) under the Securities Act of 1933? Explain.
Does your answer differ if "Shares in Learning" are issued by Private College, a proprietary for-profit institution that does business in all 50 states? Why?