Refer to Fact Pattern 24-2

question 39

Multiple Choice

Refer to Fact Pattern 24-2.Under SEC Rule l0b-5,Sid would not be liable if he had waited to buy Tech stock until

• A)after Sid told Uri of the new game.
• B)after Uri bought Tech stock.
• C)after the public release of the game.
• D)just before the game was released.

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Definitions:

Slaves

Individuals who are legally owned by others and forced to work without pay, often under harsh conditions.

Christianity

A monotheistic religion based on the life and teachings of Jesus Christ, with believers known as Christians.

Similarities

The state of being alike or sharing common features, characteristics, or qualities.