Political Quotes

Howard Berman: Finally, I note that the definition of ``investment'' set forth in section 14(9) states, ``The term `investment' does…

On the recordJune 18, 1996
Finally, I note that the definition of ``investment'' set forth in section 14(9) states, ``The term `investment' does not include the entry into, performance, or financing of a contract to sell or purchase goods, services, or technology.'' What is the purpose of this exception?
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Howard Berman
California

Editor's note · Context

Discussing the definition of 'investment' in legislative text.

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