Illegal use of private company information to further one's own fortunes or those of family and friends is called backroom dealing

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: This behavior is known as insider trading.

Business

You might also like to view...

Compensation plans may need to vary depending on the type of salespersons. Which type of salesperson benefits from multi-tier targets that serve as stepping stones for achievement and sales contests with prizes that vary in nature and value?

A) stars B) core performers C) dogs D) cash cows E) laggards

Business

A note and I.O.U. are names for the same type of negotiable instrument

Indicate whether the statement is true or false

Business

In a period of rising costs, the last-in, first-out (LIFO) method results in lower cost of goods sold and higher net income than the first-in, first-out (FIFO) method

Indicate whether the statement is true or false

Business

Laney is a resident of Maine. Delacorte is a Canadian. They dispute the ownership of Petite Isle, an island in North Rapids River on the border between Canada and the United States. The diversity of the parties' citizenship could serve as a basis for

a. federal jurisdiction. b. general jurisdiction. c. limited jurisdiction. d. universal jurisdiction.

Business