All of the Following Are Elements of an "Investment Contract

question 34

Multiple Choice

All of the following are elements of an "investment contract" except: ______.

• A) an investment of money
• B) a common enterprise
• C) an expectation of future profits
• D) a money-back guarantee

---

Definitions:

Retail Sales

These are transactions involving the sale of goods directly to the end consumer for personal, non-business use.

Business Activities

Actions undertaken by a company in pursuit of its commercial, operational, or financial objectives.

Make Deposit

The act of placing money into a financial account, such as a bank account, typically recorded in the company's cash receipts process.

Purchase Order

A document issued by a buyer to a seller with details about the purchase, including types of products, quantities, and prices, serving as a legally binding agreement prior to the transfer of goods.