Short-Swing Profits Are Acceptable If There Was No Inside Information

question 100

True/False

Short-swing profits are acceptable if there was no inside information.

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Definitions:

Civil Rights Act of 1964

A landmark piece of federal legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin.

Prima Facie

Latin for "at first sight"; evidence that is sufficient to prove a case unless disproven by contrary evidence.

Disparate-Impact

A theory in employment law indicating policies that are neutral in language but discriminatory in effect, affecting one group more harshly than another.

Unintentional Discrimination

Discriminatory outcomes that occur without the conscious intent to treat someone differently based on their protected characteristic.