9. In connection with the two previous questions, assume instead that you think some- thing signif cant

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9. In connection with the two previous questions, assume instead that you think some- thing signif cant is about to be made pub lic because all off cers have consistently stayed late, a special board meeting has been called, you and your boss have been advised to be on call throughout the weekend, and various rumors have been foating throughout the company. You are not aware of the specif cs, but you can reasonably conclude that it's potentially good or bad ne ws. You decide to call a friend in the accounting department who has been staying late to find out what she knows. In this situation, do your answers about what you might do change? Is it appropriate to par - take in the "r umor mill"? Is it appropriate to discuss and conf de your observations with family and friends? Is it appropriate to buy or sell compan y stock based upon these observations (you may rationalize that it is only speculation and you do not know the facts)?

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