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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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