Which of the Following Is Not a Security as Defined

question 1

Multiple Choice

Which of the following is not a security as defined by the SEC?

• A) Accounts receivable.
• B) Transferable share.
• C) Treasury stock.
• D) Debenture.
• E) Investment contract.

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Definitions:

Business Ventures

Entrepreneurial endeavors or commercial enterprises typically initiated for profit and growth purposes.

Secondhand Car

A vehicle that has been previously owned and is available for purchase by a new owner.

Fraudulent Misrepresentation

A false statement of fact made with knowledge of its falsity, intended to induce another to act, resulting in harm.