For Which of the Following Is Charlie Liable

Multiple Choice

For which of the following is Charlie liable?

A) His own profits and also the profits of Johan.
B) His own profits and also the profits of both Johan and Aurelia.
C) His own profits regardless of whether he knew he was trading in information that had not been made public.
D) Only his own profits and those of Aurelia.
E) Only his own profits and then only if it can be shown that he knew or should have known that the material information was not public.