Assume that you work for a corporation and discover that news of a new product it developed

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Assume that you work for a corporation and discover that news of a new product it developed had contributed greatly to the recent rise in its stock price. Your company’s new product has been rendered obsolete by the new product of a competitor. You own a substantial number of shares of the corporation’s stock. The news of the competitor’s discovery has not been made public. Should you sell the stock? Why or why not?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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