A is corrent. Under the Securities Act of 1933, securities are defined broadly to include limited partnership interests, stock options, and warrants in addition to stocks, bonds, and investment contracts. A general partnership interest is not generally a security because this interest is not normally just an investment but involves efforts and decisions of the general partner. B is incorrect because warrants are included in the broad definition of securities under the Securities Act of 1933. C is incorrect because stock options are included in the broad definition of securities under the Securities Act of 1933. D is incorrect because limited partnership interests are included in the broad definition of securities under the Securities Act of 1933.
|