10 percent of Canadian and American entrepreneurs surveyed reported that it was ethical to use insider trading information. Using insider trading information is both

Question

Quizplus · Accepted Answer

Using insider trading information is considered unethical and illegal. It is unethical because it involves exploiting an unfair advantage over other investors and violates the principle of fairness in the market. It is also illegal because it involves trading securities based on non-public information, which is considered fraudulent and a breach of securities laws. Therefore, the correct choice is C.

10 Percent of Canadian and American Entrepreneurs Surveyed Reported That