UC知道这是篇美国证券法的案例（7），能帮我翻译一下么
来源：百度知道 编辑：UC知道 时间：2024/07/02 03:21:29
The term "investment contract" is undefined by the Securities Act or by relevant legislative reports. But the term was common in many state "blue sky" laws in exis-tence prior to the adoption of the federal statute and, al-though the term was also undefined by the state laws, it had been broadly construed by state courts so as to afford the investing public a full measure of protection. Form was disregarded for substance and emphasis was placed upon economic reality. An investment contract thus came to mean a contract or scheme for "the placing of capital or laying out of money in a way intended to se-cure income or profit from its employment." State v. Gopher Tire & Rubber Co., 146 Minn. 52, 56, 177 N. W. 937, 938. This definition was uniformly applied by state courts to a variety of situations [**1103] where indi-viduals were led to invest money in a common enterprise with the expectation that they would earn a profit solely through the efforts of t
期限"投资合同" 由证券未定义行动或由相关的立法报告。 但期限是共同在许多状态"蓝天" 法律存在在联邦法规的收养之前和, 虽然期限由州法并且未定义, 它由状态法院宽广地解释以便付得起投资的公众全面的保护。 形式被忽视了为物质并且重视给予了在经济现实。 投资合同因而来意味一份合同或计划为"安置资本或计划金钱在方式意欲获取收入或从它的就业赢利。"状态v 。 地鼠轮胎& 橡胶Co., 146 Minn 。 52, 56, 177 N 。 W 。 937, 938. 这个定义由状态法院一致地申请了向各种各样的情况[ * * 1103 年] 个体被带领在共同的企业中投资金钱以他们单一地会赢得赢利通过促进者努力或大约人除他们自己之外的期望的地方。 n4
n4 状态v 。 Evans, 154 Minn 。 95, 191 N 。 W 。 425; Klatt v 。 担保债券Co., 213 Wis 。 12, 250 N 。 W 。 825; 状态v 。 荒地, 199 N 。 C 。 135, 153 S 。 E 。 855; Prohaska v 。 Hemmer 米勒发展Co., 256 不适。 App 。 331; 人们v 。 白色, 124 Cal 。 App 。 548, 12 P 。 _ 2 1078; Stevens v 。 Liberty Packing Corp., 111 N 。 J 。 Eq 。 61, 161 A 。 193. 参见Moore v 。 Stella, 52 Cal 。 App 。 第2 766, 127 P 。 第2 300 。