OnSpec, Inc, and its officers, directors, and share¬holders, buy and sell securities. Section 16(b) of the Securities Exchange Act of 1934 covers purchases and sales of securities involving

a. corporate insiders.
b. misappropriation.
c. short-swing profits.
d. tippers and tippees.


C

Business

You might also like to view...

Which does not make owning a home relatively more attractive than renting?

A) An increase in the rate of return on financial investments B) An increase in your marginal tax rate C) An increase in the expected future price of housing D) A reduction in mortgage interest rates

Business

In Mexico, labor negotiations and unions have traditionally been:

A. Controlled by the government as part of a larger economic development strategy B. Conducted independently at the workplace level C. Determined as part of tripartite peak-level negotiations between government, a labor federation, and an employer association D. Unilaterally determined by the employer

Business

As soon as products are completed, their product costs are transferred from Raw Materials Inventory to Finished-Goods Inventory.

Answer the following statement true (T) or false (F)

Business

Tom, the production manager at Esday, was told by his supervisor to hire Elton, a 15-year-old boy, to operate an industrial machine. Hiring the 15 year old violates the child labor laws. What should Tom do in this situation?

A)Tom should hire Elton; he has a duty to obey Esday's instructions. B)Tom should hire Elton; he has a duty of care to ensure that the government does not discover that Elton is 15 years old. C)Tom should not hire Elton; he has a duty of care and he would not be caring for Elton. D)Tom should not hire Elton; he has a duty to obey Esday's instructions only if they are legal and ethical.

Business