Answer:
The answer is that <u>Fay is most likely liable for INSIDER TRADING.</u>
Explanation:
Insider trading which is the unfair advantage someone has over others in the purchase of a given securities in the stock market.
This illigal practice affords the individual the opportunity to purchase stocks at a cheaper rate while selling it off at a higher rate after it must have gone public.
In the case of Fay, he is likely liable for insider trading as a result of the prior information he got from Dhani.
MEGALOPOLIS is a common term that is used to describe <span>an area with a dense population that encompasses more than one city.
The term came from the Greeks because they were regarded as the first civilizations that developed a strong Architectural knowledge and contributed heavily to developments that we see in the modern age.</span>
I believe the answer is: B. <span>It denies enforceability to certain contracts that are not in writing
Statute of frauds stated that to be legally binding, an agreement should be materialized in a contract that filled with a specific obligation that must be met by each party under the circumstances that they both agreed on. If this writing do not exist, technically we wouldn't have any ground to sue if the other party failed to fulfill the obligation.</span>