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When David Taylor infiltrated the Heaven's Gate cult, he observed that new members did not endorse all of the beliefs of the group, but the strength of their endorsement increased the longer they were in the cult. What is the most appropriate conclusion that can be drawn from the Balch and Taylor study?
Investment Contract
In securities law, a type of security encompassing any contract by which an investor invests in a common enterprise with an expectation of profits solely from the efforts of persons other than the investor.
Section 5
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Registered Offering
A securities offering that has been registered with the Securities and Exchange Commission, making it available to the public.
Prospective Investors
Individuals or entities that are potentially interested in investing in a particular security, property, or business opportunity but have not yet committed to the investment.
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