In the United States v. O'Hagan case referenced in the text, O'Hagan was a partner in the law firm of Dorsey & Whitney who represented Grand Met. Grand Met revealed to O'Hagan that Grand Met intended to make a tender offer to Pillsbury. Based on this confidential material information form his client O'Hagan purchased stock and options in Pillsbury prior to a public announcement of Grand Met's
tender offer for Pillsbury. O'Hagan realized over $4million in profits but was later convicted of insider trading. The U.S. Supreme Court upheld O'Hagans criminal conviction based on the:
a. Derivative Insider Theory of Insider Trading.
b. Classical Theory of Insider Trading.
c. Missappropriation Theory of Insider Trading.
d. Bespeaks Doctrine of Insider Trading.
c
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Which of the following represents the proper order of the financial decision framework?
a. Analyze the information, formulate the question, gather information from financial statements, monitor your decision, make the decision. b. Formulate the question, Analyze the information, gather information from financial statements, monitor your decision, make the decision. c. Formulate the question, Gather information from financial statements, Analyze the information, Make the decision, Monitor your decision d. Analyze the information, monitor your decision, make the decision, formulate the question, gather information from financial statements.
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ABC Enterprises sold 9,000 units @ $2.99/unit in July. The firm sold 9,000 units @ $4.29/unit in August. This illustrates a(n)________ price
A) derived B) negotiated C) fluctuating D) elastic E) inelastic
Content theories often ignore that most people, even in the developed world, may be concerned primarily with meeting ______ needs.
A. lower order B. high-order C. dominant D. equity