Marge wishes to raise some money to begin mass producing her prize-winning jellies and jams.She offers her neighbors a piece of her profits if they will each invest $2,000.Is the investment a security?

Question

Quizplus · Accepted Answer

The investment is considered a security because it involves an investment of money in a common enterprise with the expectation of profits to be derived primarily from the efforts of someone other than the investor, in this case, Marge.

Marge Wishes to Raise Some Money to Begin Mass Producing