________ is defined as the use of material nonpublic information about a company to make investment profits.
A)Outsider trading
B)Insider trading
C)Cheating
D)Poor regulation

Question

Quizplus · Accepted Answer

Insider trading is the practice of using material non-public information about a company to make investment profits. This is illegal and unethical behavior as it gives an unfair advantage to those who have access to such information. Outsider trading and cheating are not recognized legal terms, and poor regulation refers to the lack of effective rules and oversight, which may contribute to insider trading but is not the same as the act itself.

________ Is Defined as the Use of Material Nonpublic Information