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NEW QUESTION: 1
You are employed as an agent with CanDo Broker-Dealers. Your brother is software engineer with
VideoMagic. When you were talking to him on the phone the other day, he told you that he overheard a
conversation by some of the firm's executives that indicated that VideoMagic was about to take over
another software company. Which of the following would violate insider trading rules?
I. The next day, you get an unsolicited call from a client requesting that you sell his shares in Video Magic,
and you execute the trade.
II. You buy stock in Video Magic's target firm in anticipation that its stock price will rise when the
information becomes public.
III. You recommend the stock of Video Magic's target firm to investors based on the fact that, on average,
the stock price of target firms increases.
A. I, II and III
B. II and III only
C. I and II only
D. I and III only
Answer: B
Explanation:
Only selections II and III are violations of insider trading rules. If you receive an unsolicited
call from a client requesting a sale (or purchase) of that firm's stock, it is not considered to be an insider
transaction. If you have insider information from you brother about the merger of VideoMagic with another
firm, you cannot buy stock yourself in the target firm in anticipation of a rise in price, nor can you
recommend the stock to customers based on your expectation of a stock price increase.
NEW QUESTION: 2
Identify some of the fields related to the depreciation area in the asset master record. Choose the correct answers. (3)
A. Useful life
B. Depreciation start
C. Scrap value
D. Asset description
Answer: A,B,C
NEW QUESTION: 3
Which of the following protocols is used to send mail to another server on the Internet?
A. SNMP
B. SMTP
C. RTP
D. POP
Answer: B
Explanation:
Explanation/Reference:
Explanation:
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