Question
But looking at the Howey test, the Shares in Learning certificate doesn't even seem to fit the criteria of a reasonable expectation of profit returns
But looking at the Howey test, the "Shares in Learning" certificate doesn't even seem to fit the criteria of a reasonable expectation of profit returns so can this even be considered an investment contract?
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
