Fact Pattern 21-2 (Questions 21-22 Apply)

question 42

Multiple Choice

Fact Pattern 21-2 (Questions 21-22 apply)
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 21-2. 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:

Oppressed

Individuals or groups who are subjected to unjust treatment or control by others, often being denied fundamental rights and freedoms.

Conflict Theory

A sociological perspective emphasizing the role of power disparities and economic inequality in contributing to social conflict and change.

Monogamy

The marriage practice of a sexually exclusive marriage with one spouse at a time.

Gender Socialization

The process by which individuals learn the cultural norms and expectations traditionally associated with their gender through family, media, education, and other societal influences.