Fact Pattern 31-3 Dhani, an Accountant for Eureka, Inc., Learns of Undisclosed Company

question 27

Multiple Choice

Fact Pattern 31-3
Dhani, an accountant for Eureka, Inc., learns of undisclosed company plans to market a new laptop. Dhani buys 1,000 shares of Eureka stock. He reveals the company plans to Fay, who buys 500 shares. Fay tells Geoff, who tells Hu. Both Geoff and Hu buy 100 shares. They know that Fay got her information from Dhani. When Eureka publicly announces its new laptop, Dhani, Fay, Geoff, and Hu sell their stock for a profit.
-Refer to Fact Pattern 31-3. 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.

Identify key theories of motivation and their implications for behavior.

Grasp the significance and prevalence of social networking among college students.

Distinguish between instinct, drive, and incentive theories in explaining human motives.

Understand the societal and psychological consequences of ostracism and its manifestations in behavior.

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Definitions:

Miraculously Spared

Unharmed or saved from a dangerous or potentially fatal situation in a way that seems extraordinary or beyond the ordinary course of events.

Survivor Guilt

An emotional condition experienced by those who have survived a traumatic event, feeling guilt for having survived when others did not.

Challenging Situation

Circumstances that require novel solutions or responses, often perceived as difficult to overcome.

Lived Through

An expression describing having experienced or endured a significant event or period, often implying surviving difficulties or challenges.