Scott invests money in fixing up his house,an endeavor that he expects will generate
Profits because he will be able to rent it out as a bed and breakfast run by his sister.This is not a security subject to federal regulation because:
A) Scott cannot actually make money from a bed and breakfast
B) Scott's investment is in his own property and not in a common enterprise
C) there are fewer than five people involved in the business endeavor
D) Scott's investment is in a common enterprise,since his sister is involved
E) none of the other choices are correct
Correct Answer:
Verified
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