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QUESTION 1 Jose, a director of Tech Corporation, learns that Tech has developed a computer chip that is faster than any other computer chip.
QUESTION 1 Jose, a director of Tech Corporation, learns that Tech has developed a computer chip that is faster than any other computer chip. Jose buys 1,500 shares of Tech stock. He then tells Kim about the new chip, and she purchases 500 shares. Kim is aware that Jose works for Tech Corp. After the new chip is announced publicly, the price of Tech stock increases, and Jose and Kim sell their shares for a large profit. Under the Securities Act of 1934, liability may be imposed upon a. Jose and Kim. Ob. Jose only. c. neither Jose nor Kim. d. Kim only. QUESTION 2 1.8 points Save Answer A corporation has seventeen directors on its Board. Assuming all seventeen directors are present and voting, the minimum number of directors that can usually declare a dividend is a. eight. Ob. all (unanimous). c. nine. O d. five.
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