Which One of the Following Is Most Apt to Be

question 55

Multiple Choice

Which one of the following is most apt to be considered insider trading?

• A)Ann overhears Martha say she is being promoted to accounts payables manager and then she purchases shares in Martha's employer.
• B)Jennifer compiles the financial statements and knows that net income for the latest quarter is significantly below analyst's forecasts but continues to hold shares of her employer's stock.
• C)Kate is an outside auditor and has found what she believes are significant accounting irregularities in a company's financial reports but owns no shares in the firm.
• D)Les buys stock in Winter's Wear after he overhears a conversation between the firm's president and vice-president concerning a proposed acquisition.
• E)Jeff buys shares of stock in his employer's firm through the company retirement plan on a regular monthly basis.

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Definitions:

Gay Rights Movement

A social movement aimed at advocating for the rights and acceptance of individuals who identify as LGBTQ+.

1970s

A decade marked by significant cultural, political, and technological changes, including environmental movements, the end of the Vietnam War, and the rise of digital technology.

Foreign Policy

The strategies and decisions a country makes in relation to its interactions and relationships with other countries.

Nixon Administration

The presidency of Richard Nixon from 1969 to 1974, marked by significant events such as the Vietnam War, the Apollo moon landing, and the Watergate scandal.