Transaction brokers: a. provide online meeting places where people with similar interests can communicate. b. save users money and time by processing online sales transactions. c. sell physical products directly to consumers or individual businesses. d. provide a digital environment where buyers and sellers can establish prices for products. e. generate revenue from advertising or from directing buyers to sellers.

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec