Household Products Corporation wants to make an offering of securities to the public. The offering is not exempt from registration under the Securities Act of 1933. Before the firm sells its securities, it must provide investors with

A) a forward-looking financial forecast.
B) an investment contract.
C) a prospectus.
D) a statement that the securities for sale are worth the price.

Securities Act

The Securities Act, often referred to specifically as the Securities Act of 1933, is a U.S. law that regulates the sale of securities, primarily requiring issuers to disclose significant financial information to investors.

Household Products Corporation

A business organization that manufactures and sells goods utilized for domestic purposes, such as cleaning supplies, detergents, and personal care items.

Prospectus

A written document required by securities laws when a security is being sold. The prospectus describes the security, the financial operations of the issuing corporation, and the risk attaching to the security.