1 point 11. Legislation prohibits use of confidential information when trading the corporation's securities' OA) True B) False 12. The president of A Co. introduces B to a third party as his vice-president 1 point of marketing and sales. In reality, however, A Co.'s president makes it clear to B that he is only the vice-president of marketing and has no authority to make sales. If B now enters into a contract for the sale of A Co.'s goods to the third party, as between A Co. and the third party, A) there is no contract because B does not have express authority over sales 3) there is a contract because B had apparent cr ostensible authority to enter into it C) there is no contract because B can only deal with matters of marketing