« previous next »

Author Question: Which of the following events would be material for purposes of 10b and disclosure? A) A pending ... (Read 156 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jun 24, 2018
Which of the following events would be material for purposes of 10b and disclosure?
 A) A pending merger
 B) Not meeting quarterly earnings expectations
 C) Product liability lawsuit
 D) a and c only
 E)All of the above

Question 2

Ralph Newsome is an employee at Quest Industries. In the men's room he overhears two officers discussing a merger that they say will be announced in two days. Ralph purchases 1,000 shares of Quest. When the merger is announced, Quest's stock has a 15 bounce in value.
 A) Ralph has engaged in insider trading.
 B) Ralph simply overheard a conversation and can trade on that information.
 C) Ralph is not an officer and can trade in advance of announcements.
 D) None of the above


swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 24, 2018
Answer to Question 1

E

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Siblings report on what life events triggered changes in their relationships with each other, how ... Siblings report on what life events triggered changes in their relationships with each other, how ...
Suture Use, Size, and Type of Material Suture Use, Size, and Type of Material
The inverse-square law and its effects. Doubling your distance away from a radioactive material ... The inverse-square law and its effects. Doubling your distance away from a radioactive material ...
The inverse-square law and its effects. Doubling your distance away from a radioactive material ... The inverse-square law and its effects. Doubling your distance away from a radioactive material ...
Tragic events of mass shootings. Tragic events of mass shootings.
Events in human fertilization. The light micrograph shows a fertilized human oocyte. Events in human fertilization. The light micrograph shows a fertilized human oocyte.
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library