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LSDefine

Simple English definitions for legal terms

investment contract

Read a random definition: lucrative bailment

A quick definition of investment contract:

An investment contract is an agreement where someone invests money in a project or business with the expectation of making a profit. The investor does not have control over the decisions made by the project or business, and the profit is solely dependent on the efforts of the promoter or a third party. It is like giving someone money to start a lemonade stand and expecting a share of the profits without having any say in how the lemonade stand is run.

A more thorough explanation:

An investment contract is a type of agreement or transaction in which a party invests money in the expectation of profits derived from the efforts of a promoter or other third party. It is a contract in which money is invested in a common enterprise with profits to come solely from the efforts of others.

For example, if an individual invests money in a startup company and expects to receive profits from the company's success, it is considered an investment contract. The investor does not have control over the company's managerial decisions but is relying on the efforts of the company's promoters or third parties to generate profits.

Another example is a guaranteed investment contract (GIC), in which an institutional investor invests a lump sum with an insurer that promises to return the principal and a certain amount of interest at the contract's end. The investor is relying on the insurer's efforts to generate profits and is not involved in the decision-making process.

Overall, an investment contract is a flexible principle that can adapt to various schemes devised by those seeking to use the money of others on the promise of profits.

Investment Company Act | investment-direction agreement

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BulbasaurNoLikeCardio
8:07
I don't remember what school I applied at but it asked if I had an instagram and I don't but my wife made one for my dog and I was like hmmm post his handle and get a boost from his cuteness.
8:40
Everyone I’ve met through here is legit hot as fuck
8:45
ig was such a fun app 5 years ago. meta wrecked it imo
BulbasaurNoLikeCardio
8:46
Rumor has it law school attracts hot people and I think with the people on LSD being more perfectionist, type A and high standards types it would reflect in their personal life and looks as well.
babycat
8:46
does someone want to make drama with me like a bunch of homosexuals? girls only
8:49
@babycat: I can cosplay as a woman
8:50
Has anyone taken a personality test and if so, what were you? I am really curious what yall are.
babycat
8:50
I’m actually not type a I’m like super chill genuinely
8:52
may be quackery, I am unsure, not a Dr/shrink. Debater (ENTP-A) is what I got 3 times
babycat
8:52
this is long I will let you know
BulbasaurNoLikeCardio
8:54
I have in-laws in town I don't need anymore drama lmao Like my wife and I don't do drama but man her brother sure does. Like publicly argue with spouse shit
8:54
Here is a short one: https://www.tailopez.com/fullquiz again might be total bs idk
babycat
8:55
@llama: i got enfj-t
BulbasaurNoLikeCardio
8:55
ISTJ, for some reason HR made us take a personality quiz
babycat
8:55
In the first one
babycat
8:55
it says protagonist lol
8:56
@BulbasaurNoLikeCardio: what test did yall use? That is v intersting
8:57
@babycat: rare. upon reflection does it seem accurate?
babycat
8:58
“Your career path is likely to be driven by a deep-seated need to make a meaningful difference in people’s lives. You thrive in roles that allow you to inspire, guide, and develop others, making you an excellent teacher, counselor, or team leader. Your natural charisma and ability to articulate a compelling vision make you a standout in fields like human resources, public relations, or non-profit management.”
babycat
8:58
I like this
BulbasaurNoLikeCardio
9:00
@llama: honestly no idea it was through workday. I think it was like 2-3pts ISTJ over INTJ
9:00
the second test I linked gives careers. not sure if they use database correlation or something else?
9:01
@BulbasaurNoLikeCardio: that makes sense: you and bunny are both willing to go out of ur way to help others
BulbasaurNoLikeCardio
9:04
I honestly do not remember what it said about my personality type as it was almost two months ago
babycat
9:05
llama seems like he knows a lot about this so i will defer to his expertise
9:07
*does not. I am clueless to the validity. I think Im on the spectrum and in trying to understand social interaction, I have used theses 'types' to try to understand people
glovediedthisishismom
9:09
guys my boss was out all last week mysteriously for a "vacation" right after the accounting people found a bunch of messy stuff in the numbers, and she stil isnt here today
babycat
9:11
omg!! scandal
9:11
@glovediedthisishismom: she pulled some cash from the corp, gambled on red @ Vegas [like Fred Smith of FedEx], and LOST, now does not know what is next, probably. https://www.google.com/search?client=firefox-b-1-d&q=fedex+gambling+story
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