QUESTION IMAGE
Question
question 9 (2.5 points)
insider trading occurs when persons buy or sell securities on the basis of information that is not available to the pubic.
true
false
question 10 (2.5 points)
most securities cannot be resold without registration.
true
false
question 11 (2.5 points)
a short - form merger occurs when a parent company that owns at least 90 percent of
the outstanding shares of one of its subsidiaries decides to merge with that
subsidiary.
true
false
question 12 (2.5 points)
online crowdfunding can be exempt from the registration requirements.
true
Question 9
Insider trading is defined as trading securities using non - public, material information. So the statement matches the definition.
There are exemptions (like Rule 144) that allow resale of securities without registration in certain cases. So most securities can be resold without registration in eligible situations, making the statement false.
The legal definition of a short - form merger includes a parent company owning at least 90% of a subsidiary's outstanding shares and merging with it, which matches the statement.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. True