If a customer owns 7% of a publicly traded company's stock and his spouse owns 6% and wants to sell her shares, which of the following statements is TRUE?
A) The spouse is not an affiliate and Rule 144 does not apply.
B) The spouse is not an affiliate and Rule 144 applies.
C) The spouse is an affiliate and Rule 144 does not apply.
D) The spouse is an affiliate and Rule 144 applies.
Answer: D)