Paralegal Exam Prep

Category - Legal Envrmt

A security is:
  1. An option banknote
  2. A mutual option
  3. An investment contract
  4. The manner in which a company safeguards its corporation secrets
  5. A document that is given to a member of a company's board of directors
Explanation
Answer: C. A security is an investment contract. It is represented by a certificate or an electronic entry. A company that issues a security is called an issuer.
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