Riley,an Engineer for Shur-2-Gro Seed Corporation,learns That Shur-2-Gro Has Developed

question 10

Multiple Choice

Riley,an engineer for Shur-2-Gro Seed Corporation,learns that Shur-2-Gro has developed a corn hybrid to triple the output of any farm.Riley buys 20,000 shares of Shur-2-Gro stock.He tells Tess,who buys 15,000 shares.After the new hybrid is announced publicly,the price of Shur-2-Gro stock in-creases.Riley and Tess sell their shares for a profit.Under the Securities Exchange Act of 1934,liability may be imposed on

• A)none of these parties.
• B)Riley and Tess only.
• C)Riley only.
• D)Riley,Shur-2-Gro,and Tess.

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Definitions:

Private Ownership

The legal right of individuals or entities to own property and assets independently of the government or communal entities.

Criminal Laws

The body of law that relates to crime, prescribing the conduct perceived as threatening, harmful, or otherwise endangering to individuals and property, including the punishment of people who violate these laws.

Provincial Governments

The governing bodies of provinces within a country, responsible for managing regional issues and implementing laws and policies at the provincial level.

Inequality

The unequal distribution of resources, opportunities, rights, and power among people in a society.