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Which of the following securities must be registered under the requirements of the Securities Act
of 1933 (choose all that apply)?
Question options:
A. Fran owns many shares in Coca-Cola, Inc. and offers to sell all of them them to her brother,
Joe, for $7 million.
B. Bob's Membership Interest when he forms a single-member LLC called "Bob's Burgers, LLC"
C. Brenda and Anita form an LLC called "B&A Sandwiches, LLC" and they offer Membership
Interests to the public in exchange for an $8 million stake in the Company.
D. Peter owns a large life insurance annuity and auctions it off to the public at a minimum price
of $9 million.
E. Jane and Sam form an LLC called "J&S Sandwiches, LLC" and they offer Membership
Interests to the public in exchange for a $4 million stake in the Company.

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