Which of the Following Best Defines Short-Swing Profits

question 33

Multiple Choice

Which of the following best defines short-swing profits?

• A) profits that are made by an insider by selling shares of the corporation prior to the public disclosure of unfavorable information
• B) profits that are made by an insider by personally purchasing shares of the corporation prior to public release of favorable information
• C) profits that are made by a statutory insider on trades involving equity securities of their corporation that occur within six months of each other
• D) profits that are made by a tippee by personally purchasing shares of the corporation prior to or post public release of favorable information

Compare and contrast civil and criminal law, including their purposes, processes, and sanctions.

Explain the categorization of law into substantive, procedural, constitutional, and criminal law.

Understand the basic principles and differences among ethical theories including situational ethics, utilitarianism, deontological ethics, and ethical relativism.

Grasp the concept of moral development and its stages according to Kohlberg.

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Definitions:

Temptation of Fraud

The allure or inclination to engage in deceptive practices for personal or organizational gain.

Cultural Norms

Shared expectations and rules that guide behavior of people within social groups.

Inflated Expectations

Describes heightened or unrealistic anticipations about a situation, product, or event that may lead to disappointment when not met.

Organizational Ethics

Refers to the principles, values, and standards that guide behavior within the context of a business or organization, determining its conduct and decision-making processes.