Which of the following would ordinarily NOT be considered a security under the federal securities laws?
A) Bonds
B) Stocks
C) Investments in limited partnerships
D) General partnership interests

Question

Quizplus · Accepted Answer

General partnership interests are not considered securities under the federal securities laws. Securities refer to investments that offer an expectation of profit or return through the efforts of a third party, while general partnership interests involve active participation and control by the investor in the management of the partnership. Bonds, stocks, and investments in limited partnerships are all considered securities.

Which of the Following Would Ordinarily NOT Be Considered a Security