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:

Trespass

An unlawful act of entering someone else's property without permission.

Land

Land refers to the part of the earth's surface that is not covered by water, including fields, forests, and cities, and can be privately or publicly owned.

Trespass To Land

An unauthorized, intentional intrusion upon or direct breach of the boundaries of another’s land.

Telephone

A telecommunications device that allows users to conduct voice communication across distances.