Determining what is and what is not gambling does not always lend itself to an easy answer.

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Determining what is and what is not gambling does not always lend itself to an easy answer. If you buy a mutual fund that consists of a broad array of stocks and your purpose is to enhance your standard of living during your retirement, no one considers that gambling. In contrast, if you are a day trader—buying and selling stocks during a one-day period—you are clearly “betting” that the stocks you buy in the morning and then sell in the evening will have gone up in value. Should day trading be deemed gambling and therefore illegal? Where do you draw the line between what is and what is not gambling in our society?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

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