Walter was the president of JKL, Inc JKL intended to purchase Target Co JKL's intent was not
public information, and when it became public, Target's stock would increase significantly in
value.
Walter bought no stock himself, but told his best friend of JKL's plan, and his friend
bought 1,000 shares of Target Co Ten months later, when the merger was publicly announced,
the friend sold Target's stock and made a large profit. Several stockholders of Target sue Walter
and his friend under the provisions of the Securities Acts. What results?
A) The friend has violated no law, because this nonpublic information is not considered
material.
B) The friend has violated no law, since the friend is not an insider.
C) Walter has violated no law, since Walter did not purchase any stock.
D) Both Walter and his friend have violated Rule 10b-5.
E) Both Walter and his friend have violated the Securities Act of 1933.
D
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All of the following are components of organizational citizenship EXCEPT ______.
A. stakeholder focus B. overcoming the competition C. sustainability D. corporate social responsibility
Don has an employment contract with Dunkirk Ice Cream. He sells ice cream and novelty ice cream products. He has nine children and doesn't make enough money, so he decides to see if another dairy will hire him, too. "After all," he reasons, "most stores carry four or five different brands." His employment contract prohibits him from competing. If Don sells for another dairy in addition to
Dunkirk, will he be in trouble under his contract? a. No, it is unenforceable as against public policy. b. Yes, it is likely to be enforceable during employment. c. No, the prohibition against competing is enforceable only after he quits Dunkirk. d. A court would have to rule on the enforceability of the covenant not to compete since courts are reluctant to enforce such covenants during a period of employment.
Employ Forming, Storming, Norming, and Performing stages of group development to describe how internal change occurs in a collaboration.
What will be an ideal response?
________ ability is a diverse set of abilities associated with sensing and solving problems using insight, rules, and logic.
A. Perceptual B. Spatial C. Verbal D. Reasoning E. Quantitative