subject
Business, 13.05.2021 23:00 nev322

Susan is dating Mike, the CEO of a major drug company. One particular evening Mike seems very preoccupied. Concerned about his feelings, Susan asks what's wrong and he tells her that a major drug that the company was counting on has not been approved by the FDA. He further tells her that the announcement will be made at 10:00 am the next morning. At 9:00 am the next morning, Susan calls her broker and orders the sale of all of her stock in Mike's company. After the announcement, stock in Mike's company tumbles. By selling, Susan has saved over $69,000. Which of the following statements s true in this situation? a. Susan is a tree and will be liable for using insider information
b. Susan is not a true insider so she has no liability.
c. Susan may use the formation however she is liable only if she warns others.
d. Susan is liable only if the sale resulted in a short swig profit.
e. Susan acquired the information innocently so shehas no liability.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:10
Arival company manufactures fuel tanks for cars using a different production technique. the total weekly cost (in dollars) of producing x tanks is given by c(x) = 10000 +90x - 0.04x2 find the marginal cost at a production level of 500 fuel tanks per week to approximate the cost of the 501st unit (round to the nearest 2 decimal places, if needed)
Answers: 3
question
Business, 22.06.2019 08:20
Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above
Answers: 2
question
Business, 22.06.2019 11:10
Which feature is a characteristic of a corporation?
Answers: 1
question
Business, 22.06.2019 12:00
Select the correct answer. martha is a healer, a healthcare provider, and an experienced nurse. she wants to share her daily experiences, as well as her 12 years of work knowledge, with people who may be interested in health and healing. which mode of internet communication can martha use? a. wiki b. email c. message board d. chat e. blog
Answers: 2
You know the right answer?
Susan is dating Mike, the CEO of a major drug company. One particular evening Mike seems very preocc...
Questions
Questions on the website: 13722362