Which of the following is not considered to be a "security" as defined by the Securities Exchange Act of 1934?
A) an interest in an oil drilling lease
B) a collateral trust certificate with an initial maturity of 5 years
C) a straddle that expires in 3 months
D) a bankers' acceptance, issued with a maturity of 4 months
Correct Answer:
Verified
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I. regulates
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Q89: The Howey Decision did what?
A)provided for fixed
Q90: The Securities Exchange Commission consists of:
A)6 members,
Q91: Which of the following would be a
Q92: Which of the following is not one
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