Under Rule 10b-5,which Is True About Insiders

question 35

Multiple Choice

Under Rule 10b-5,which is true about insiders?

• A) Officers and directors are insiders,but employees who are not officers are not insiders.
• B) Officers and directors are insiders,but lawyers or accountants that are hired only on a temporary basis are not insiders.
• C) Employees at all levels in a company are insiders,as well as lawyers,accountants,and consultants even when hired only on a temporary basis.
• D) Agents hired on a temporary nonemployee basis to provide services to the company are not insiders.

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Definitions:

Group Member

An individual who belongs to a specific group and participates in its activities, contributing to its goals.

Psychoanalytic Therapy

A therapeutic approach developed by Freud that seeks to explore unconscious conflicts and desires, aiming to understand and resolve psychological issues.

Encounter

A moment of interaction between individuals which can be significant in terms of personal development, conflict resolution, or understanding.

Support

Assistance, encouragement, or other resources provided to help individuals deal with difficulties or achieve their goals.