David, the vice president of operations for a publicly traded beverage company, learns that his company is in talks to be acquired by a very popular candy company. Although the deal is not public yet, David expects the post-merger value to increase dramatically, so he trades for a large number of shares of the candy company. In which illegal activity has David engaged?
a. a Ponzi scheme
b. short selling
c. abusive supervision
d. insider trading
d. insider trading
Business
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