Examlex
What does DTS stand for?
Promissory Notes
Written promises to pay a specified sum of money to a certain entity or person at a specified time or on demand.
Howey Test
A test derived from SEC v. W.J. Howey Co. to determine if a transaction qualifies as an "investment contract" and thus is considered a security subject to certain regulatory requirements.
Investment Contracts
Agreements or schemes whereby an individual invests money with the expectation of profit primarily from the efforts of others.
Foreign Corrupt Practices Act (FCPA)
A U.S. law that prohibits companies and their individuals from bribing foreign officials for business advantages.
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