Refer to Fact Pattern 24-3

question 5

Multiple Choice

Refer to Fact Pattern 24-3.Under the Securities Exchange Act of 1934,Geoff is most likely

• A)liable for insider trading.
• B)not liable because Geoff did not prevent others from profiting.
• C)not liable because Geoff did not solicit information from Dhani.
• D)not liable because Geoff does not work for Eureka.

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Definitions:

Economic Freedom

The condition in which individuals have the ability to make their own economic decisions, including what to produce, consume, and exchange.

William Easterly

An American economist, specializing in economic development and a critique of international aid.

Centralization

The process of concentrating control and authority into a central organization or location.

Western Homogeneity

The perception or belief in a shared and uniform set of cultural characteristics, values, and practices across Western nations, overlooking regional and individual diversity.