Mark Hubbard Has Been Very Successful in the Cattle Business

question 38

Essay

Mark Hubbard has been very successful in the cattle business over a number of years. Hubbard has decided to establish a cattle program as an investment tool. He will purchase cattle with investors' money and then provide medical care, feed, and transportation on a service contract basis. The profits then will be divided proportionately among the investors. An investment company, Money Ventures, Inc., is interested in the entire offering of Hubbard's cattle program. Hubbard is unsure as to whether the securities acts apply to him. In addition, he wonders whether his venture, as structured, is exempt if the activity is within the securities acts. Should Hubbard be concerned?

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Definitions:

Collective Movement

A group action taken towards achieving a common goal, often used in the context of social or political activism.

Social Movement

A collective, organized effort by a large group of people to achieve a particular goal, typically aimed at social change or resisting social change.

Deindividuation

A psychological state occurring in group contexts that leads to reduced self-awareness and diminished social identity, often resulting in uninhibited or deviant behavior.

Zimbardo

A psychologist known for his research on social roles and conformity, particularly the Stanford prison experiment which examined the effects of perceived power and authority in a simulated prison setting.