Insider Trading Involves the Use of Information Not Available to the General

question 2

True/False

Insider trading involves the use of information not available to the general public to make profits from trading in a company's stock.

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Definitions:

Infant

A minor; a person under the legal age of majority.

Contract

A legal agreement among two or more parties that is binding and enforceable by the legal system.

Age of Majority

The legally defined age at which an individual is recognized as an adult and is capable of assuming responsibility for their actions in civil and criminal law.

Breach of Contract

Occurs when one party fails to fulfill their duties or obligations as per the terms of a contract, potentially leading to legal action for damages or enforcement.