Greg, the president of an IT company, is friends with Jack, the CEO of HyperTech, a company that develops and manufactures computer hardware. Jack tells Greg that HyperTech is about to announce the creation of a revolutionary new computer processor that will quadruple processing capacity and cause HyperTech's sales and profits to skyrocket. Greg then purchases a large number of shares of HyperTech company stock before the news of the new computer processor is made public. In which illegal activity has Greg engaged?
A. a Ponzi scheme
B. short selling
C. issuing a call
D. information abuse
E. insider trading
E. insider trading
Insider trading is the illegal trading of a company's stock by people using confidential company information.
You might also like to view...
Marketers are increasingly using online surveys to collect primary data. One advantage is that
A. consumers value e-mail surveys and feel highly regarded when receiving them. B. consumers want to be helpful so they complete the survey multiple times. C. response rates are higher because consumers are anonymous. D. turnaround time from data collection to report is much quicker than with traditional methods. E. the quality of responses is better with online surveys than they are with personal interview surveys.
The percentage of net sales method of estimating uncollectible accounts is in violation of the matching principle
Indicate whether the statement is true or false
Most air freight is transported ______.
A. by intermodal transport B. in passenger planes C. in special freighters D. in Airbus aircraft
A ________________________ is an assessment conducted on the chain of interlinked activities of an organization or set of interconnected organizations, intended to determine where and to what extent value is added to the final product or service.
Fill in the blank(s) with the appropriate word(s).