The illegal practice of using knowledge about a firm that is not available to the general public for making profits in the stock market is ________.
A) program trading
B) prospectus trading
C) insider trading
D) blue sky trading

Question

Quizplus · Accepted Answer

Insider trading refers to using confidential information about a company to make profits in the stock market. Program trading refers to the use of computer programs for trading, prospectus trading refers to trading based on the information provided in a company's prospectus, and blue sky trading is not a recognized term in finance.

The Illegal Practice of Using Knowledge About a Firm That