BUNDLED LEGL 2700 EPSTEIN TEST 1,2,3 and4 QUESTIONS AND ANSWERS (100% CORRECT)

security -Correct Answer owning a piece of a business that others are managing; any note, stock, treasury stock, bond, debenture, evidence of indebtedness, etc securities and exchange commission (SEC) -Correct Answer agency at the federal level that is responsible for administering the federal se...

What classifies broadly as a "security" for the purposes of federal regulation? -Correct Answer Any interest or instrument that offers the right to subscribe to purchase stock, bond, or any certificate of interest. Supreme Court says when one person invests money and looks to others to man...

IRAC -Correct Answer what is the test to determine what a law is issue, rule, analysis, conclusion -Correct Answer what does IRAC stand for rule of law -Correct Answer laws are generally and equally applied and requires solid, stable institutions (no one is above the law) property -Correct ...

contracts -Correct Answer legally enforceable promise or exchange of promises bilateral -Correct Answer type of contract where both parties have obligations in the contract unilateral -Correct Answer type of contract where only one party has an obligation express -Correct Answer type of con...

white collar crime -Correct Answer any illegal offense that occurs in a business or professional setting felony -Correct Answer -indictment / grand jury -fine or imprisonment greater than 1 year misdemeanor -Correct Answer -information / gov charge -fine or jail less than 1 year intent -C...