Shane Is Looking for Ways to Get More Capital for His

question 174

Multiple Choice

Shane is looking for ways to get more capital for his appliance sales and service business.He is very protective of his company's information and fears that it will get into the wrong hands.Shane would probably not want to

• A) hire new employees.
• B) incorporate his company.
• C) get a loan from a bank.
• D) take on a trustworthy friend as a partner.
• E) use a computerised accounting system.

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Definitions:

Repurchases

The action of buying back previously sold shares or goods.

Insider Trading

The trading in shares of a corporation by a person in a corporation who possesses undisclosed privileged information about the corporation.

Tampering Scandal

A situation involving unauthorized alteration or manipulation, often in a legal, sports, or corporate context, that leads to controversy or legal action.

Insider Trade

Buying or selling of a publicly-traded company's stock by someone who has non-public, material information about that stock.