Sometimes There Is Only One Lightning Stroke,but More Often the Leader-And-Stroke

question 100

Short Answer

Sometimes there is only one lightning stroke,but more often the leader-and-stroke process is repeated in the same ionized channel at intervals of about four-hundredths of a second.The subsequent leader,called a ____________________ proceeds from the cloud along the same channel as the original stepped leader;however,it proceeds downward more quickly because the electrical resistance of the path is now lower.​

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Definitions:

SEC

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Howey Test

A test created by the Supreme Court to determine whether a transaction qualifies as an "investment contract" and is therefore subject to securities laws.

Security Exists

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Inside Information

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