Larry was working at his job at the landfill when he got off his tractor to take a break.He noticed some papers on the ground and went to throw them on a trashpile.As he held the papers he saw a confidential report from MegaCorp stating it would be announcing the development of a new super computer in two weeks.Larry has no relationship with MegaCorp.Larry mortgaged his house and borrowed all the money he could to purchase $200,000 worth of MegaCorp stock.Larry bought the stock for $32 a share.When the announcement was made public,MegaCorp's stock skyrocketed.Larry sold his stock a few weeks later and made a huge profit.Larry has:

Question

Quizplus · Accepted Answer

Larry had no relationship with MegaCorp and did not obtain the confidential report through any illegal means. He simply stumbled upon the information and made a legal investment based on his own assessment of the company's potential performance. Therefore, Larry's actions were not illegal or unethical.

Larry Was Working at His Job at the Landfill When