When a person deals in a security when in possession of non-public information, and they have an obligation not to reveal or use the information it is:
a. embezzlement b. racketeering
c. money laundering d. money fraud
e. none of the other choices
e
You might also like to view...
Austin placed an advertisement for a new assistant on November 1. He hired Paul on December 1. His ______ was 30 days.
A. new hire performance B. cost per hire C. new hire turnover D. time required to hire
Kelsey always knew her company was corporately socially responsible, but she never fully appreciated the full extent that executives integrated this value within the organization. Often short term gains were forgone if it meant a better product for the customer. This is an example of which phase of corporate citizenship?
A. engaged B. innovative C. transformative D. integrated
Increases in working capital needs should be included as part of the initial outlay of a project, but
decreases in working capital for a project should not be considered because they are not guaranteed. Indicate whether the statement is true or false
Riverside Bank offers to lend you $50,000 at a nominal rate of 6.5%, compounded monthly. The loan (principal plus interest) must be repaid at the end of the year. Midwest Bank also offers to lend you the $50,000, but it will charge an annual rate of 7.8%, with no interest due until the end of the year. How much higher or lower is the effective annual rate charged by Midwest versus the rate charged by Riverside?
A. 1.02% B. 1.35% C. 1.10% D. 1.05% E. 1.24%