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    Exam 41: Investor Protection and E-Securities Transactions
  5. Question
    The Courts Apply the ________ in Determining Whether an Arrangement
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The Courts Apply the ________ in Determining Whether an Arrangement

Question 43

Question 43

Multiple Choice

The courts apply the ________ in determining whether an arrangement is an investment contract.


A) Howey test
B) misappropriation theory
C) strict scrutiny test
D) intermediate test

Correct Answer:

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