Which Term Describes the Process of Using Confidential Information to Gain

question 194

Multiple Choice

Which term describes the process of using confidential information to gain from the purchase or sale of stocks?

• A) Generally accepted investment practice (GAIP)
• B) Cheque kiting
• C) Whistle blowing
• D) Insider trading
• E) General consensus on unethical business behaviour (GCUBB)

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Definitions:

Effective Problem Solving

A process of defining a problem, generating solutions, and choosing the best course of action to address the issue at hand.

Law Of Small Numbers

A bias in which people infer patterns or make generalizations from a small sample size, which may lead to misleading conclusions.

Gambler's Fallacy

The mistaken belief that if something happens more frequently than normal during some period, it will happen less frequently in the future, or vice versa.

Availability Heuristic

A cognitive shortcut that depends on the first examples that appear in someone's mind when considering a particular subject, idea, technique, or choice.