In SEC V. Howey, the Supreme Court

question 118

Multiple Choice

In SEC v. Howey, the Supreme Court:

• A) defined a security as an investment of money in a common enterprise with the expectations of profits being earned by the efforts of the investor
• B) was concerned with penalizing a case of fraud of investors in a large stock scam; it resulted in federal securities legislation being passed
• C) defined a security as an investment of money in a common enterprise with the expectation of profits being earned by the efforts of other persons
• D) held the sale of plots of land in a development to be a security
• E) none of the other choices

---

Definitions:

Sharing Economy

An economic model defined by the sharing of resources and services, often facilitated by community-based online platforms, to reduce waste and increase efficiency.

Blurring Of Boundary

The phenomenon where the lines or distinctions between different categories, such as work and home life or genres and media, become less clear.

Consumer Behaviour

The study of how individual customers, groups, or organizations select, buy, use, and dispose products, services, ideas, or experiences to satisfy their needs and desires.

Social Media

platforms and technologies that enable users to create, share content, or participate in social networking.