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The ________ Imposes Liability Under Section 10(b) and Rule 10b-5

question 10

Multiple Choice

The ________ imposes liability under Section 10(b) and Rule 10b-5 on an outsider who misappropriates information about a company, in violation of his or her fiduciary duty, and then trades in the securities of that company.


Definitions:

Performance Appraisals

The systematic evaluation of an employee's job performance and productivity in relation to pre-established criteria and organizational objectives.

Administrative

Pertains to the organizational tasks, office work, and responsibilities involved in managing a company or institution.

Primary Reasons

The main or most significant causes or motives behind a particular action, decision, or phenomenon.

Merit Pay

is a pay system where employees receive salary increases based on their performance level, encouraging high performance and productivity.

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