Under the _____, a Person's Undisclosed, Self-Serving Use of Another's

question 34

Multiple Choice

Under the _____, a person's undisclosed, self-serving use of another's information to purchase or sell securities, in breach of a duty of loyalty and confidentiality, defrauds the individual who provided the information.

• A) blue-sky law
• B) misappropriation theory
• C) fraud-on the-market theory
• D) price disparity law

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Definitions:

Monetary Policy

A central bank's process of managing the money supply and interest rates to influence economic activity.

Economic Policy

Actions taken by a government to influence its economy, including fiscal policy, monetary policy, and trade policy.

Franklin D. Roosevelt

The 32nd President of the United States, serving four terms from 1933 to 1945, and famous for implementing the New Deal to combat the Great Depression.