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)tethers

Question

Quizplus · Accepted Answer

Kelly is using private information gained from a participant at the church outing to contact the company about his products. This can be considered as taking advantage of private information. Insider trading involves buying or selling stocks based on private information, which is not applicable in this scenario. Bonds and tethers are not relevant in this context.

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