Which of the Following Statements About "Inside Information" Is FALSE

question 269

Multiple Choice

Which of the following statements about "inside information" is FALSE?

• A) It is information that is not available to the general public.
• B) It is illegal to knowingly use inside information when trading stocks.
• C) Profits can be made using inside information.
• D) The government never imposes fines or other penalties for abuse of inside information.

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Definitions:

Crystallized Cognitive Ability

Represents the ability to use learned knowledge and experience, an aspect of intelligence that tends to improve with age.

Intellectual Ability

the capacity to perform mental activities such as reasoning, problem-solving, and learning.

Innate Intelligence

The natural intellectual abilities or talents a person is born with.

Career Experiences

The accumulation of knowledge, skills, and work achievements gathered over the course of an individual's work life.