An agent in State X is selling shares of a registered offering and sends a prospectus to a potential investor two days after the sale is completed. Which of the following is TRUE under the USA?

1. AThis is a violation, as the prospectus must be delivered before or at the time of sale✓ Correct answer
2. BThis is acceptable if the investor does not object
3. CThis is acceptable if the prospectus contains all material facts
4. DThis is not a violation if the agent verbally disclosed the information

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