Fact Pattern 41-1B

question 3

Multiple Choice

Fact Pattern 41-1B
Sid, a director of Tech Software Company, learns that a Tech engineer has developed a new, exciting video game. Sid buys Tech stock and tells his friend Uri, who also buys Tech stock. When the new game is released three weeks later, Sid and Uri sell their stock for a big profit.
-Refer to Fact Pattern 41-1B. Under SEC Rule l0b-5, Sid would not be li?able if he had waited to buy Tech stock until

• A) after Sid told Uri of the new game.
• B) after Uri bought Tech stock.
• C) after the public release of the game.
• D) just before the game was released.

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Definitions:

ASA III

A classification in the American Society of Anesthesiologists' physical status classification system indicating a patient with severe systemic disease that is not incapacitating.

Physical Status Classification

A system used in medicine to assess and categorize a patient's overall health status and physical fitness, often before undergoing anesthesia or surgery.

Hypertension

A condition characterized by persistently high blood pressure, which can lead to serious health issues like heart disease and stroke.

Leg Exercises

Physical activities focusing on strengthening and increasing the flexibility of the muscles in the legs.