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Is there any contract for future performance? If there is no contract for future performance, can there be a securities contract? Is this correct?: If there i
by mktmkrsall 3y ago
Is there any contract for future performance?
If there is no contract for future performance, can there be a securities contract?
Is this correct?: If there is no written contract, the state and defendants may refer to Statute of Frauds. (If there is no written contract for future performance valued at greater than like $500, defendant can motion to dismiss due to Statute of Frauds?).
Do the States and the SEC have any statuory duty to provide `def is_a_security(asset) -> bool` service; wherein securities are assessed according to the Howey Test and other case law pertaining to what constitutes a securities contract? Or only after 40+ states (n exchanges per asset per state) have reviewed each asset for list?