Which of the following is NOT true regarding the misappropriation theory of insider trading?

a. If a trader discloses to a source of nonpublic information that he or she plans to trade on the basis of that information, there is no violation under the misappropriation theory.
b. Liability under the misappropriation theory requires deception.
c. The misappropriation theory widens the class of persons who can be found liable for insider trading.
d. The trader cannot be held liable unless he or she is an insider of the company whose securities are traded.


d

Business

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Sidgwick’s dualism argues that _______________ is necessary in an individual’s actions.

a. Utilitarianism b. Rational benevolence c. Ethical egoism d. Kent’s ethics

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Costs that flow directly to the current income statement and are not reported as assets are ________ costs.

What will be an ideal response?

Business

________ is considered to be an expeditious and inexpensive alternative to a lawsuit

Fill in the blanks with correct word

Business

Which of the following purposes of contracting is described as an opportunity for a practitioner to validate that a project is able to be accepted, and often the practitioner should do more listening than talking?

a. To clarify the client’s goals and objectives for the request b. To allow the client to get to know the consultant, the consultant to get to know the client and the organization, and for both parties to validate that the project is one that the consultant has the knowledge and skills to accept c. To understand the organization’s commitment to change d. To create an environment in which consultation can success by agreeing on mutual roles and needs

Business