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A Lawyer Works for a fiRm That Advises Corporate fiRms

Question 27

Multiple Choice

A lawyer works for a firm that advises corporate firms planning to sue other corporations for antitrust damages.He finds that he can "beat the market" by short-selling the shares of the firm that
Will be sued.This finding is a violation of the:


A) moderate form of the efficient market hypothesis.
B) semistrong form of the efficient market hypothesis.
C) strong form of the efficient market hypothesis.
D) weak form of the efficient market hypothesis.
E) None of the above.

Correct Answer:

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