Answer:
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.
Answer:
Religious freedom is a democratic principle that is well exemplified in the American Constitution, being exhibited in the first constitutional amendment.
Explanation:
One of the main principles seen in democracy is the defense of popular freedom. An example of this can be seen in the first American constitutional amendment, which states that Congress and no governmental sphere can determine a religion to be followed, how to prevent worship and the celebration of any activity of any religion. This gives citizens the power of choice, which is strongly advocated within democratic concepts.
