The penal code generally refers to the criminal code. The criminal code includes crimes and there punishments. So, when someone faces the law for committing a crime, the penal code contains the penalties that they may face.
Well, she needs to graduate high school first and then go to college, then law school, take the bar exam and then practice law
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The obligations depends on what types of company it is and what type of securities it is offering.
Explanation:
Ideally, the company is required to file a registration statement (discloses all material information concerning the company) and prospectus with the SEC before it may offer its securities for sale. However, the obligations depends on what type of company it is and what type of securities it is offering. This is because SEC classify companies as smaller reporting and emerging growth company hence requires different disclosures that are not misleading in addition to filling registration documents and prospectus.
