Linda,a Manager and a Currency Trader for United Traders,has Specific

question 49

Multiple Choice

Linda,a manager and a currency trader for United Traders,has specific instructions from the CEO not to take a position on any currency in excess of $1 million.Linda sees what she believes to be a sure thing and takes a $20 million position.Unfortunately,the transaction goes bad and costs United $60 million.Does Linda have any liability to United?

• A)Yes,because Linda violated specific instructions and is,therefore,liable for the company's loss.
• B)No,Linda's actions are a normal market practice.
• C)Yes,because Linda engaged in insider trading.
• D)No,Linda is protected by the business judgment rule.

Identify the limitations of different sources of information like Wikipedia and the benefits of specialized resources like RSS feeds and social bookmarking websites.

Grasp the criteria for evaluating the credibility and quality of web-based information and the nature of sponsorship.

Understand the nature and utility of different sampling techniques in research.

Acknowledge the role and characteristics of libraries (general, private business, and special) in providing research materials.

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Definitions:

Minimized

The state of a window or application that has been reduced to an icon or a small bar on the screen, without closing the program.

Windows 10

A version of Microsoft's operating system for PCs, tablets, and other devices, offering features like a start menu, virtual desktops, and Cortana.

User's Documents

Files and documents that are created and stored by users, typically within a designated "Documents" folder in the user's operating system environment.

Shortcut

A link or a small file that allows quick access to a program, file, or folder, typically placed on a desktop or in a navigational menu.