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NEW QUESTION: 1
Which of the following will result in an insider trading prosecution?
I. A tippee trades based on inside information, not knowing that the source of the information has actually received the information illegally and has breached fiduciary duty to the shareholders by leaking it. He has no reasons to suspect such a behavior.
II. A corporate outsider who has absolutely no connections to any of the insiders misappropriates inside information and trades for profit based on that information.
III. A tippee trades based on inside information about an impending tender offer after verifying that the source of the information has not breached any fiduciary duty to the company.
A. I, II and III
B. I only
C. II and III only
D. III only
Answer: C
Explanation:
Explanation/Reference:
Explanation:
A "Tippee" is any person who learns inside information from a corporate insider. A tippee can be held liable under SEC's section 10b and rule 10(b)-5 only if he knows or should know that the insider has behaved improperly and breached fiduciary duty in revealing the information. Otherwise, the tippee is not held responsible for insider trading. One exception to this rule is information about tender offers, in which tippee liability results automatically under SEC Rule 14e-3, even if the insider has not breached any fiduciary duty. Under the Misappropriation Theory of insider trading, a person who misappropriates inside information and trades or abets trading in it is committing securities fraud and can be so charged, even if the person is a complete corporate outsider. The Topical Study, "Insider Trading," is probably the most important (and the trickiest) section in the handbook and you can expect at least one question from it.
NEW QUESTION: 2
A customer's environment consists of the following:
Linux servers with an Oracle database Microsoft Windows with SQL Full weekly backups for Oracle with a one-month retention period Dairy incremental with a two-week retention Full weekly backups for SQL with two retention periods
-----
You collect the information in order to determine the capacity needed for an EMC Data Domain solution. Which calculation will show the best trade-off between retention and compression?
A. Calculations with longer retention times
B. Calculations across a range of retention times
C. Calculations with the compression rate for the database
D. Calculations with minimal compression rates
Answer: C
NEW QUESTION: 3
Which of the following statements about the Internet is TRUE?
A. The Internet is a private company network
B. The Internet is a global network that links many computer networks together.
C. The Internet is a visual representation of linked documents.
D. The Internet is a network operating system
Answer: B
NEW QUESTION: 4
A new ecommerce company that sells raincoats for dogs leverages Facebook to drive product sales. The company serves a variety of videos and static images and only targets people who previously visited their website. The company historically spends $50,000 per quarter and always hits its ROAS goal of 3x.
Last quarter, the company aggressively tried to grow its business and tripled spend. At the end of last quarter, they compared performance between the previous two quarters and noticed the following differences in performance metrics:
* ROAS decreased by 40%
* Average frequency increased by 50%
* CPMs increased by 60%
* Reach increased by 10%
* Cost per click decreased by 15%
* Allocation of budget between creative formats remained the same
An analyst needs to run a test to identify how to scale spend efficiently. Which variable should the analyst test first?
A. Creative (Video versus Static)
B. Bidding strategy (Cost Cap versus Lowest Cost)
C. Optimization (Purchase versus Traffic)
D. Audience (Retargeting versus Acquisition)
Answer: A