1. Misappropriation theory allows courts to find individuals liable when they steal material non-public information and use it as the basis for insider trading.

   True

   False

1.8 points

QUESTION 17

1. The federal government cannot prevent a corporate merger or takeover even if the resulting company would be so large that it would harm competition in the relevant market for the company's products or services.

   True

   False

1.8 points

QUESTION 18

1. A limited partner in a limited partnership can lose her limited liability if she

   	a.	votes on the firms sale or dissolution.
   	b.	invests in a competitor of the firm.
   	c.	meets with prospective clients.
   	d.	participates in the management of the firm.