An agent based in Alabama directs a solicitation to a customer who lives in Connecticut while the customer is temporarily in Ind

Question

3 years ago

12

An agent based in Alabama directs a solicitation to a customer who lives in Connecticut while the customer is temporarily in Ind

iana. The customer does not accept the offer until he arrives back in Connecticut. According to the Uniform Securities Act, the Administrators of which of the following states have jurisdiction?
A) Alabama and Indiana.
B) Indiana and Connecticut.
C) Alabama, Connecticut, and Indiana.
D) Alabama and Connecticut.

Social Studies

1 answer:

melomori [17] · Answer 1 · 2021-12-24T17:37:20+03:00

Answer:

Option C

Explanation:

In simple words, The Registrar of any Territory through which the bid is made, guided or approved shall have authority over the deal. This can be understoiod by examining the Uniform securities act.

The Standardized Securities Act is indeed a model legislation developed as just a ground of reference for the control of state-level commodities. The aim of the Universal securities legislation is to cope with corruption in transactions at the state and local level as well as to support the Securities and Exchange Commission (SEC) throughout the compliance and regulatory phase.