If a Purchase or Sale by an Officer,director,or Greater-Than-10 Percent

Multiple Choice

If a purchase or sale by an officer,director,or greater-than-10 percent shareholder that would otherwise result in recoverable short-swing profits was involuntary and did not involve the payment of cash and if there was no possibility of speculative abuse of inside information,than a court may hold that it was a(n) __________ to which no liability will attach.

A) innocent transaction
B) approved negotiation
C) unorthodox transaction
D) designated sale