Which of the Following Is Not an "Insider" for Purposes

question 12

Multiple Choice

Which of the following is not an "insider" for purposes of the insider trading rules?

• A) An internal auditor
• B) An independent member of the Board of Directors who does not own any company stock
• C) A shareholder who owns 7% of a company's stock and her husband owns 4% of the company's stock
• D) A investors who owns 20% of a company's general obligation bonds that are trading at a price roughly equal to their market value

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Definitions:

Landscaping Company

A business specializing in designing, creating, and maintaining outdoor spaces and gardens.

School Board

An elected or appointed body that oversees the policies, plans, and administration of a school district or educational system.

Athletic Field

A designated area for sports activities, including fields for soccer, football, baseball, track and field, and other sports events.

Leadership Co-Created Process Model

A model suggesting leadership is a dynamic and shared process involving leaders and followers collectively contributing to leadership outcomes.