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Section 10(b)would Apply to Which of the Following Situations

Question 112

Multiple Choice
Section 10(b)would apply to which of the following situations?

Section 10(b) would apply to which of the following situations?


A) a student who found negative information about a company while doing research in the university library and positioned himself short in the stock
B) an accounting firm performing an audit in a grossly negligent fashion that results in misleading financial statements
C) a guest at a reception trading on information she overheard at the party
D) none of the above

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