An individual who wishes to invest more than $5,000 per year by participating in crowdfunding a company must Multiple Choice be an SEC registered investor and have annual income of $250,000 or more. have at least 10 years of investment experience and a net worth of $500,000 or more. have a net worth of at least $1 million and net income of $200,000 or more in two of the last three years. have a net worth of at least $500,000, annual net income of

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter13: Comparative Forms Of Doing Business
Section: Chapter Questions
Problem 35P
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Give typing answer with explanation and conclusion
An individual who wishes to invest more than $5,000 per year by participating in
crowdfunding a company must
Multiple Choice
be an SEC registered investor and have annual income of
$250,000 or more.
have at least 10 years of investment experience and a net
worth of $500,000 or more.
have a net worth of at least $1 million and net income of
$200,000 or more in two of the last three years.
have a net worth of at least $500,000, annual net income of
$200,000 or more in two of the last three years, and a
minimum of 10 years of investment experience.
have net income of $250,000 or more in two of the last three
years along with a minimum net worth of $2 million.
Transcribed Image Text:An individual who wishes to invest more than $5,000 per year by participating in crowdfunding a company must Multiple Choice be an SEC registered investor and have annual income of $250,000 or more. have at least 10 years of investment experience and a net worth of $500,000 or more. have a net worth of at least $1 million and net income of $200,000 or more in two of the last three years. have a net worth of at least $500,000, annual net income of $200,000 or more in two of the last three years, and a minimum of 10 years of investment experience. have net income of $250,000 or more in two of the last three years along with a minimum net worth of $2 million.
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