Author Question: Section 16 applies: A) only to shareholders. B) to directors of all covered corporations. C) when ... (Read 114 times)

Sportsfan2111 · **on:** Jun 24, 2018

Section 16 applies:
A) only to shareholders.
B) to directors of all covered corporations.
C) when there is a purchase followed by a sale within a six-month period.
D) All of the above

Question 2

Section 10(b) would apply to which of the following situations?
A) A financial printer trading stock based on takeover information in the printing he is doing for a corporation
B) An accounting firm performing an audit in a grossly negligent fashion that results in misleading financial statements
C) A guest at a reception trading on information she overheard at the party
D) None of the above