Sally overhears a phone conversation in an elevator of her office building in n. y.c. discussing top secret financial matters regarding a corporation. after hearing the conversation, she believes she has a strong basis to make a lot of money, so she buys a ton of the company's stock after hearing this inside information. can sally be held liable for insider trading?
(a) yes, under the misappropriation theory.
(b) no, she is not an insider.
(c) yes, she is a tipper.
(d) yes, but only if she is in some way affiliated with the company.
(e) no, she is a statutory insider.
Answers: 2
Business, 22.06.2019 19:00
James is an employee in the widget inspection department of xyz systems, a government contractor. james was part of a 3-person inspection team that found a particular batch of widgets did not meet the exacting requirements of the u.s. government. in order to meet the tight deadline and avoid penalties under the contract, james' boss demanded that the batch of widgets be sent in fulfillment of the government contract. when james found out, he went to the vice president of the company and reported the situation. james was demoted by his boss, and no longer works on government projects. james has a:
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Business, 22.06.2019 20:00
Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80
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Business, 22.06.2019 21:10
Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right
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Sally overhears a phone conversation in an elevator of her office building in n. y.c. discussing top...
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