The ________ Imposes Liability Under Section 10(b) and Rule 10b-5

question 10

Multiple Choice

The ________ imposes liability under Section 10(b) and Rule 10b-5 on an outsider who misappropriates information about a company, in violation of his or her fiduciary duty, and then trades in the securities of that company.

• A) Insider Trading Sanctions Act
• B) Sarbanes-Oxley Act
• C) tort of appropriation
• D) misappropriation theory

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Definitions:

Lower-level Need

Basic human requirements such as food, water, and shelter, classified at the bottom of Maslow's hierarchy of needs.

Activated

The state of being active or operational; in a business context, it might refer to campaigns, programs, or initiatives that have been launched.

Self-actualization Needs

The highest level in Maslow's hierarchy of needs, referring to the realization or fulfillment of one's talents, potential, and abilities.

Intrinsic Rewards

Rewards that come from within an individual, such as satisfaction or enjoyment from performing a task.