Dave, an accountant, does not work for Emergent Company, but wrongfully obtains inside information concerning Emergent. Based on the information, Dave buys and sells Emergent stock for personal gain. The Securities and Exchange Commission prosecutes Dave, arguing that he is liable because he stole information rightfully belonging to another. This argument is
A. the blue-sky theory.
B. the misappropriation theory.
C. the red-herring theory.
D. the tipper/tippee theory.
Answer: B
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In the parallel approach to systems implementation, both the new and old systems operate together for a period of time
Indicate whether the statement is true or false
Founded in 1930, the _______________ is the oldest international financial institution in the world.
What will be an ideal response?
The perception of reality of both the sender and the receiver
a. is limited by signals we receive through our five senses. b. appears the same to each person when communication is effective. c. eliminates confusion in communication. d. is the same for people from the same culture.
A company rents a building with a total of 50,000 square feet, which are evenly divided between two floors. The company allocates the rent for space on the first floor at twice the rate of space on the second floor. The total monthly rent for the building is $30,000. How much of the monthly rental expense should be allocated to a department that occupies 10,000 square feet on the first floor?
A. $4,000. B. $5,000. C. $3,000. D. $2,000. E. $8,000.