Practice Quiz

FINRA Series 7

Category - Series 7

Start a Study Session Sign up for Question of the Day
In which of the following is not a case where a deed to a condominium qualifies as a security?
  1. the seller intends to profit
  2. there is management by someone other than the owner
  3. there is a time and space rental pool
  4. there is a 14-day owner usage provision
Explanation
Answer: D - there is a 14-day owner usage provision. This provision is unrelated to qualification as a security.
Was this helpful? Upvote!
Login to contribute your own answer or details
Start a Study Session Sign up for Question of the Day

Top questions

Related questions

Most popular on PracticeQuiz