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NEW QUESTION: 1

A. Option C
B. Option A
C. Option D
D. Option B
Answer: A,D

NEW QUESTION: 2
Which statement best describes the value of StoredlQ for Legal?
A. Reduces the volume, complexity and cost of an eDiscovery process
B. Minimizes cost by efficiently storing all content related to regulatory compliance
C. Efficiently identifies legal precedents relevant to a legal hold
D. Reduces risk by disposing of documents before eDiscovery
Answer: A

NEW QUESTION: 3
What did the Howey Decision?
A. determined that certificates of deposit issued by a bank and insured by the FDIC did not qualify as securities, as defined by the Securities Exchange Act of 1934.
B. defined an investment contract as any investment of money in a common enterprise with the expectation of earning a profit from the efforts of others.
C. stipulated that all general partnerships were investment contracts and, therefore, securities, as defined by the Securities Exchange Act of 1934.
D. provided for fixed annuities to be excluded from the definition of a security.
Answer: B
Explanation:
Explanation/Reference:
Explanation: The Howey Decision defined an investment contract as any investment of money in a common enterprise with the expectation of earning a profit from the efforts of others. General partnerships do not fall under the definition of investment contracts since the general partners are actively involved in the business operations. Although both fixed annuities and bank CDs are excluded from the definition of a security, this was not part of the Howey Decision.