You are on the subway in New York when you overhear two people you do not know talking about an upcoming merger, news not yet public. They seem to know their stuff. If you buy stock based on this information, and profit when the information turns out true, you have:
a. profited, but are an outsider and so your actions are probably not illegal b. engaged in insider trading that is probably illegal
c. not engaged in insider trading because you are not a corporate officer
d. not engaged in insider trading because once you overheard the information it was public e. violated the Insider Trading Sanctions Act and could face criminal charges
a
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Maxine lost her job as an electrical engineer with a large company which had provided health insurance benefits for Maxine and her family. She now
a. must try to find insurance on her own or try to find another job with health insurance benefits. b. is protected under COBRA, which allows her continued health insurance coverage for 18 months as long as she pays the cost. c. is protected under COBRA, which requires her employer to continue her health insurance coverage for six months under whatever copayment arrangements she had while she was employed. d. has some protection under the NLRA, which requires her employer to pay for continued health insurance for three months following her termination if she did not leave the company voluntarily.
Of the five modes of transportation, which one requires the lowest capital investment?
A) water B) air C) motor D) pipeline E) rail
Claiming a computer is stolen in order to obtain insurance when the computer is simply outmoded is acceptable when the insurer doesn't question claims that amount to less than $2,000
Indicate whether the statement is true or false
As a result of the Supreme Court case Dow Chemical v. U.S., administrative agencies are required to obtain a search warrant before they conducted observations
a. True b. False Indicate whether the statement is true or false