Which of the following is not a part of the Howey test used to define a security?
Question:
Which of the following is not a part of the Howey test used to define a security?
a. Investment of money
b. Common enterprise
c. Nominal interest of investor
d. Expectation of profit
e. All of the above are part of the test
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c The Howey test is used by courts to examine whether the investm...View the full answer
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Related Book For 
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
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