Which of the Following Is True Regarding Section 16(c)'s Restriction

question 10

Multiple Choice

Which of the following is true regarding Section 16(c) 's restriction on selling stock short?

• A) Section 16(c) prohibits officers, but not directors, from selling any of their company's equity securities short.
• B) Section 16(c) prohibits directors, but not officers, from selling any of their company's equity securities short.
• C) Section 16(c) prohibits officers or directors from selling any of their company's equity securities short.
• D) Section 16(c) allows both officers and directors to sell their company's equity securities short so long as the equities are obtained and delivered within twenty days after the short sale.

---

Definitions:

Weavers

Individuals skilled in the craft of weaving, creating textiles or fabrics from threads by interlacing them on a loom.

Engraving

The process of cutting or carving a design onto a hard surface, often used for printmaking.

Warrior

A person skilled in combat or warfare, often associated with historical or traditional fighting forces.

Aztec Statue

A sculpture created by the Aztec civilization, often representing gods, goddesses, or animals, and used for religious or ceremonial purposes.