The 1946 Case Securities and Exchange Commission V

question 195

Multiple Choice

The 1946 case Securities and Exchange Commission v. Howey, the Supreme Court established a test to determine when an investment is a security for the purposes of federal regulation. The test has:

• A) four basic elements
• B) convoluted and difficult to understand terms
• C) no practical applications
• D) one basic element
• E) two basic elements

Define and understand the components and roles of information systems in organizations.

Comprehend the stages of e-commerce development and its significance for businesses.

Realize the ways information technology enhances organizational relationships with the environment.

Recognize the advantages of using groupware in organizations.