Multiple Choice
Greg,the president of an IT company,is friends with Jack,the CEO of HyperTech,a company that develops and manufactures computer hardware.Jack tells Greg that HyperTech is about to announce the creation of a revolutionary new computer processor that will quadruple processing capacity and cause HyperTech's sales and profits to skyrocket.Greg then purchases a large number of shares of HyperTech company stock before the news of the new computer processor is made public.In which illegal activity has Greg engaged?
A) a Ponzi scheme
B) short selling
C) issuing a call
D) information abuse
E) insider trading
Correct Answer:
Verified
Correct Answer:
Verified
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