Before It Was Publicly Known That IBM Was Going to Take

question 58

Multiple Choice

Before it was publicly known that IBM was going to take over Lotus Development,an IBM secretary told her husband,who told two co-workers,who told friends,relatives,business associates,and even a pizza delivery man.A total of 25 people received the information and traded on this tip to make a profit.These people were:

• A)really smart.
• B)insider trading.
• C)stealing from IBM.
• D)acting fairly.

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Definitions:

Established

Something that has been in existence for a long time and is therefore recognized and accepted.

Administered

The act of managing or supervising the execution, use, or conduct of operations, laws, or policies.

Distal Convoluted Tubules

Tubes in the kidney where filtration, reabsorption, and secretion occur, resulting in the formation of urine.

Proximal Convoluted Tubules

The portion of the nephron in the kidney that is responsible for reabsorbing water, ions, and nutrients from the filtrate back into the blood.