Rajat Gupta Was Sentenced to Two Years in Prison and Ordered

question 18

Multiple Choice

Rajat Gupta was sentenced to two years in prison and ordered to pay a $5 million fine for

• A) Trading on inside information
• B) Leaking tips to Raj Rajaratnam, a hedge-fund billionaire
• C) Committing fraud in the sale of securities in an IPO
• D) Committing fraud in the theft of assets from the company he head

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Definitions:

Social Standing

The position or rank of a person or group within the hierarchical social structure of a society.

Egalitarian Relationship

A relationship characterized by equality, where all participants have equal rights and opportunities without any form of discrimination or dominance.

Bonnie Thornton Dill

A scholar known for her contributions to feminist theory and the intersection of race, class, and gender.

Dominant Ideology

A prevailing cultural belief system that legitimizes the social, political, and economic status quo, reinforcing societal norms and power structures.