QUESTION 2 Suppose that the CEO of X Corp, learns that the corporation is planning to sell an engine part that the corporation is planning to sell an engine part that will double the gas mileage of any automobile. Regis buys 10,000 shares of X Corps stock. A yels his best friend Herb about the news. herb buys 1000 shares as well Hert's purchase of X Corp stock would be: a legal because he has no relationship with X Corp. b.legal if there had been prior rumors about such an engine part. c. illegal if the information has not been made public Od. Wlegal because the information is patented 25 points QUESTION 3 When an offer is made to a director personally that would be of benefit to the corporation: a the director need not disclose the information if he believes the corporation wouldn't acceptit Ob the director may take advantage of the offer once he advises the corporation, even if he competes with the corporation once he accept cupon full disclosure, and abistaning from the vote of the board of directors, he may accept the offer once the other directors decimeter d. the director is barred from ever accepting any offer the corporation might have an interest in Click Save and submit to and submit Click All Allow MacBook