In Determining Whether a Security Exists, the OSC Looks At

question 64

Multiple Choice

In determining whether a security exists, the OSC looks at:

• A)whether the promoter raises money and leads the investor to expect a profit.
• B)whether the investor has any control on how the money is spent.
• C)whether there is risk involved.
• D)all of the above.

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Definitions:

Training

The process of teaching or learning specific skills or behaviors, typically to improve performance in a given activity or job.

Lumpenproletariat

A term used in Marxist theory to describe the underclass excluded from the class structure of capitalist societies, including the unemployed and criminals.

Homeless

A condition where individuals lack stable, safe, and permanent housing.

Marx

A reference to Karl Marx, a 19th-century philosopher, economist, and revolutionary socialist whose works greatly influence the study of society and economics.