At a church outing, Kelly learns from one of the participants that he just finished working with a company's exterior construction work and that the company is planning on redoing the landscaping.Kelly uses the opportunity to contact the company about his landscaping and water conservation products.Kelly is taking advantage of which of the following?
A)insider trading
B)private information
C)bonds
D)linkages

Question

Quizplus · Accepted Answer

Kelly is using private information that he learned from the participant at the church outing. Insider trading would apply if Kelly had access to confidential information about the company's financial performance or other internal affairs. Bonds and linkages are not relevant to the scenario.

At a Church Outing, Kelly Learns from One of the Participants