Lex,a Salesperson for Macro Corporation,learns That Macro Will In?crease the Dividend

question 29

Multiple Choice

Lex,a salesperson for Macro Corporation,learns that Macro will in?crease the dividend it pays to shareholders.Lex buys 1,000 shares of Macro stock.When the price increases,Lex sells his shares for a profit.Lex would not be liable for insider trading if the information about the dividend was

• A)material when he sold the stock.
• B)public after he bought the stock.
• C)public before he bought the stock.
• D)too speculative when he bought the stock.

---

Definitions:

Birth Control Pills

Oral contraceptives used to prevent pregnancy by inhibiting ovulation, thickening the cervical mucus, and thinning the uterine lining.

Oral Sex

A form of sexual activity where the genitals of one partner are stimulated by the mouth of the other.

STIs

Sexually Transmitted Infections, diseases passed from one person to another through sexual contact.

Sexual Assault

Any non-consensual sexual act or attempt to obtain a sexual act by violence, threats, or coercion.