Question

All of the following are defined as "investment companies" under the Investment Company Act of 1940 EXCEPT: A Face Amount Certificate Company B Unit Investment Trust C Oil and Gas Leasehold Partnership D Management Company

Answer 1

C

Step-by-step explanation:

The oil and gas leasehold partnership is not defined as an investment company under the Investment company act of 1940.

The other options listed above : face amount certificate company, unit investment trust and management company are all defined under as investment companies under the Act

Answer 2

C

Step-by-step explanation:

Oil and Gas Leasehold Partnership