Which One of the Following Statements Is Correct

question 4

Multiple Choice

Which one of the following statements is correct?

• A) Company insiders are not permitted to trade their employer's securities.
• B) Only tippers can be accused of illegal insider trading.
• C) Tippees are permitted to trade securities based on information they know is private.
• D) Trading on private information which you just happen to overhear is legal.
• E) Any trading based on information known to be private is illegal.

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Definitions:

Civil Rights

The rights of citizens to political and social freedom and equality.

Relative Deprivation

A feeling of dissatisfaction or injustice experienced by individuals who perceive themselves as having less than others to whom they compare themselves.

Disadvantaged Groups

Populations or communities that experience a lower quality of life or diminished opportunities for success and wellbeing due to social, economic, or political barriers.

Similarly Deprived

Describes individuals or groups who lack similar resources, rights, or privileges, often leading to a shared disadvantage.