micahmereus100
micahmereus100
04.09.2020 • 
Business

Which of the following statements describes an oil and gas blind pool offering?a) the oil exploration occurs in an area that is not adjacent to any known oil reserves.b) money is raised without a specific property being stated, and the GP selects the investments.c) the income from producing wells is purchased at a discount from the present value of the projected future flows.d) an unknown number of representatives participates in the sale of known partnership units.

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