1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tatiana [17]
3 years ago
13

Fact Pattern 42-2A. Dhani, an accountant for Eureka, Inc., learns of undisclosed company plans to market a new laptop. Dhani buy

s 1,000 shares of Eureka stock. He reveals the company plans to Fay, who buys 500 shares. Fay tells Geoff, who tells Hu, each of whom buy 100 shares. They knows that Fay got her information from Dhani. When Eureka publicly announces its new laptop, Dhani, Fay, Geoff, and Hu sell their stock for a profit.
Under the Securities Exchange Act of 1934, Fay is most likely
liable for INSIDER TRADING.
criminal
not liable
Social Studies
1 answer:
Lemur [1.5K]3 years ago
3 0

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.

You might be interested in
The ethnic population growing the most rapidly as a percentage per year rate increase in the United States is African American t
Alinara [238K]

this is true, it has.

Thank you

4 0
3 years ago
One of the most important incentives provided to both command and traditional economies is
MArishka [77]

Answer: I think C. Progress

Explanation:

I just think so.. I'm still mew

6 0
3 years ago
Read 2 more answers
What allied strategies helped change the tide of battle in the East?
AysviL [449]
The spanish people because they lived in mexico
7 0
3 years ago
A substantial deficit between exports and imports creates a net _______ of U.S.dollars to pay for the greater amount of imports.
Inessa [10]

Answer:

outflow

Explanation:

Whenever there is deficit between exports and imports, is indicates that people demand more imports than exports thus  there is net outflow of US dollar to meet the growing demand for imports.

6 0
3 years ago
Using complete sentences, trace the migration patterns of early humans from Africa to North America. Then, explain the theory of
k0ka [10]

Answer:

Why humans left their African homeland 80000 years ago to colonize the world. When the migration was complete, Homo sapiens was the last—and When the study of human origins intensified in the 20th century, two main theories emerged to explain the archaeological explanation. Blombos Cave held signs of early human creativity. The currently favored theory is that humans migrated via the Bering land bridge along the western Pacific coastline at a time when sea levels were lower, exposing an ice-free coastline for travel with the possibility for transport over water. Ancient scroll from SAPIENS. In a study published today in Nature, researchers report that dramatic climate fluctuations created favorable environmental conditions that triggered periodic waves of human migration out of Africa every 20,000 years or so, beginning just over 100,000 years ago.

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Que importancia consedio Carlomagno a la Educacion
    9·1 answer
  • No creative answers only the right ones
    12·2 answers
  • What did the cities of charleston and new york have in common?
    15·1 answer
  • The primary goal of the Women's Christian Temperance Union was A) the abolition of slavery. B) the prohibition of alcohol. C) th
    9·2 answers
  • Which of the outcomes of socialization listed reflect the following scenario: Maria's friends want her to skip school to go shop
    14·1 answer
  • How do we regulate interest groups and lobbying activity what are the goals of these regulations?
    15·1 answer
  • A student studies a plant specimen. The student notices that the plant has seeds that are enclosed by a fruit. Which term can th
    11·1 answer
  • Please help which one is correct!!!!
    5·2 answers
  • Las fuentes secundarias son las siguientes​
    15·1 answer
  • How might a sociologist view the interconnection of closed factory and homeless person?​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!