Which of the following is not considered to be a security, as defined by the Uniform Securities Act (USA)?
Which of the following scenarios would not be considered a "sale," as defined by the Uniform Securities Act (USA)?I. Yoshito owned shares of Minnow Corporation and received shares of Whale Corporation from Whale when it merged with Minnow.II. Olivia's uncle, an agent with SecureMoney Brokers, sold Olivia ten call options on the stock of Microsoft.III. Hans purchased a bond of Indebted Corporation that had detachable warrants and subsequently sold the warrants.IV. Tom pledged some shares of stock he owned personally to secure a business loan for his company.
Jeremy Sly considered himself somewhat of an inventor. The only problem was that his day job interfered with his opportunity to exercise his creativity. He came up with a plan to get outside investors to support his inventive activities. To this end, he produced and distributed a brochure advertising partnership interests with a guaranteed return on investment of at least 15% after the first 12 months, based on what he had allegedly generated from his other (non-existent) inventions.Given these facts, is Jeremy guilty of any security violations under the Uniform Securities Act (USA)?
Although an Administrator has broad powers, he or she cannot:
"Federal covered securities" were defined and exempted from state registration requirements by the:
Blue Sky Laws are designed to:
