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Question
Fact Pattern 41-1Tina, an accountant for United Technology, Inc., learns of undisclosed company plans to market a revolutionary new desktop computer. Tina buys 1,000 shares of United stock. She reveals the company plans to Vic, who buys 500 United shares. Vic tells Wendy, who buys 100 shares. Wendy knows that Vic got his information from Tina. When United publicly announces its new desktop, they all sell their stock for a profit.
Refer to Fact Pattern 41-1. Subject to liability under the Securities Exchange Act of 1934 for insider trading
a. are Tina and Vic.
b. is neither Tina nor Vic.
c. is Tina only.
d. is Vic only.
Answer
This answer is hidden. It contains 1 characters.
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