Insider trading is both unfair and illegal. It occurs when officers, directors, major stockholders, or others trade securities while
A) intoxicated.
B) in prison.
C) in possession of illegal drugs.
D) in possession of "material" nonpublic security information.
E) having relatives working at the firm whose stock they are trading.
Answer: D
Business
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When Abe goes shopping, he comes across a T-shirt that is priced at $35. Although he wants to buy it, judging from the material used, he feels that the T-shirt should only cost $20. What reference price is Abe using here?
What will be an ideal response?
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________ is the process of deciding which long-term investments or projects a firm will acquire using the long-term funds a firm has available
A) Investment analysis B) Capital budgeting C) Capital marketing D) Liability management E) Corporate governance
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