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    The Legal Environment
  4. Exam
    Exam 16: Regulation of Securities, corporate Governance, and Financial Markets
  5. Question
    Which of the Following Is Not a Component in the Definition
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Which of the Following Is Not a Component in the Definition

Question 16

Question 16

Multiple Choice

Which of the following is not a component in the definition of a security?


A) an investment
B) an expectation of profit
C) secured by tangible collateral
D) efforts of a third party create expected profit

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