Which of the Following Is True About the Practice of Backdating

question 5

Multiple Choice

Which of the following is true about the practice of backdating a stock options grant?

• A) It is illegal
• B) It is illegal in the majority of states in the U.S., but not all states
• C) It is illegal in roughly half the states in the U.S.
• D) It is unethical, but not illegal

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Definitions:

Chimpanzee

A species of great ape native to the forests and savannahs of tropical Africa, known for its intelligence and complex social behaviors.

Rhesus Monkey

A species of monkey used extensively in medical and psychological research, known for its contributions to the understanding of human biology and behavior.

Behaviorist

A person who studies behaviorism, a field focusing on observable behaviors and the ways they're learned.

Social Psychologist

A scientist who specializes in understanding how an individual's thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.