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NEW QUESTION: 1
Ms. Ears is an investment adviser representative. During lunch today, she overheard two men talking about a hostile takeover that their firm was preparing to undertake. Based on this information, Ms. Ears does not hesitate to advise the client she meets with immediately after lunch--Mrs. Clueless-- to invest a sum of money in the firm the men had named as the target firm. Ms. Ears remembers that the price of target firms, on average, increases significantly with an announcement of this sort, but she does not inform Mrs. Clueless of the reason underlying her recommendation.
Has there been any violation of insider trading laws in this scenario, as described?
A. No. Ms. Ears is not considered to be an insider of the company preparing the hostile takeover.
B. Yes. In making a recommendation based on information that was not publicly available, Ms. Ears has violated insider trading laws and is subject to both civil and criminal penalties.
C. No. The scenario does not suggest that Ms. Ears herself made any investment in the target firm, and Mrs. Clueless was not made aware of the basis for Ms. Ears' recommendation.
D. Yes. Both Ms. Ears and the two men have violated insider trading laws. The two men are prohibited from discussing such private information in a public setting, and Ms. Ears is prohibited from making a recommendation based on that information.
Answer: B
Explanation:
Explanation/Reference:
Explanation: Yes. In making a recommendation based on overhearing news of an upcoming hostile takeover--information that was not publicly available--Ms. Ears has violated insider trading laws and is subject to both civil and criminal penalties. The men, although guilty of indiscretion in their conversation, have not violated any securities' laws.

NEW QUESTION: 2
A company that might not have historical perspective in background but it will find a place in the future depending on the product or industry is a ___________.
A. Small cap company
B. Growth company
C. Value company
D. Large cap company
Answer: B

NEW QUESTION: 3
A Cisco SX20 is registered to Cisco Unified Communications Manager. It cannot place calls. It is configured with SIP URI 1007 and when traces are run, SIP Forbidden and
Unknown calling DN errors are found. Which statement describes the problem?
A. H.323 is not configured correctly.
B. The ACL is blocking port 5060 from device.
C. The wrong network IP address is assigned to device.
D. SIP URI does not contain IP address or hostname.
Answer: D