If a purchase or sale by an officer,director,or greater-than-10 percent shareholder that would otherwise result in recoverable short-swing profits was involuntary and did not involve the payment of cash and if there was no possibility of speculative abuse of inside information,than a court may hold that it was a(n)__________ to which no liability will attach.

Question

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An "unorthodox transaction" refers to transactions that are involuntary, do not involve cash, and lack the potential for speculative abuse of inside information, thus exempting them from liability for short-swing profits.

If a Purchase or Sale by an Officer,director,or Greater-Than-10 Percent