Terry has a bad habit of dumpster diving. One day she went diving in a dumpster behind a building occupied by a prominent law firm. She gathered various prized office supplies that were still in good condition. However, she also found a memo that talked about the pending Ajax and Comet merger. She rushed home and promptly bought a healthy share of Ajax stock. Is Terry guilty of insider trading?

• A.No. She does not meet all of the elements for a "tippee" to be found guilty of insider trading.
• B.Yes. It is illegal to dumpster dive and to make use of any information found in a dumpster.
• C.No. As a "tippee" she cannot be convicted of a crime for insider trading.
• D.Yes. She knows it is property of the law firm and covered by the attorney-client privilege.