worth 4 marks Select all that apply Richard is a famous hairstylist Richard has a client named Adam Adam's wife Eve is the CEO of Green Grocery Limited (Green), which is a medium sized company operating ten supermarkets in rural towns throughout New South Wales Adam overheard his wife Eve talking in her home office with Green's Chief Financial Officer regarding a takeover of Green by a large supermarket company Giant Eve has kept the door of her study closed and put a note on the door stating Don't disturb In serious meeting Both Green Grocery and Giant are listed on ASX The next day, Adam had his hair done at Richard's salon Before he left the salon, Adam told Richard Don't tell anyone, but Giant is going to take over Green Grocery You know what I mean You can be a rich man Richard has another client named Sarah , who is an investment adviser in Big Bad Bank Sarah is responsible for advising several wealthy investors regarding their investments through the bank Sarah was also in Richard's salon at the same time as Adam , and she heard all of what Adam told Richard Later the same afternoon Sarah bought 10,000 shares of Green Grocery at $5 per share while still in the salon Eve then called Adam over the phone and strongly advised him to buy Green Grocery shares Adam repeatedly asked her why, but Eve just kept saying that Green Grocery has a high potential After Sarah purchased her shares, and after Eve's call to Adam , Richard closed the salon early He then went onto TikTok, Instagram, Facebook, LinkedIn, and Twitter, and posted a message at the Financial Times online site stating that he had overheard inside information that Green Grocery was about to be purchased by Giant Richard did not purchase any shares The next day, Adam bought 100,000 Green Grocery shares at $7 per share Two days later, Green Grocery and Giant jointly announced the takeover After the announcement, the price of Green Grocery's shares rose substantially Both Sarah and Adam sold their Green Grocery shares the next day at $12 per share Who has liability for violation of a provision of the Corporations Act 2001 (Cth) Select all that apply a Richard b Eve c Adam d Sarah

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[worth 4 marks] Select all that apply. Richard is a famous hairstylist. Richard has a client named Adam . Adam's wife Eve is the CEO

[worth 4 marks]

Select all that apply.

Richard is a famous hairstylist. Richard has a client named Adam. Adam's wife Eve is the CEO of Green Grocery Limited (Green), which is a medium-sized company operating ten supermarkets in rural towns throughout New South Wales. Adam overheard his wife Eve talking in her home office with Green's Chief Financial Officer regarding a takeover of Green by a large supermarket company Giant. Eve has kept the door of her study closed and put a note on the door stating "Don't disturb. In serious meeting." Both Green Grocery and Giant are listed on ASX.

The next day, Adam had his hair done at Richard's salon. Before he left the salon, AdamtoldRichard: "Don't tell anyone, but Giant is going to take over Green Grocery. You know what I mean. You can be a rich man."

Richard has another client namedSarah, who is an investment adviser inBig Bad Bank. Sarahis responsible for advising several wealthy investors regarding their investments through the bank.

Sarah was also in Richard's salon at the same time as Adam, and she heard all of what Adam told Richard. Later the same afternoon:

Sarah bought 10,000 shares of Green Grocery at $5 per share while still in the salon.
Evethen called Adam over the phone and strongly advised him to buy Green Grocery shares. Adam repeatedly asked her why, but Eve just kept saying that Green Grocery has a high potential.
After Sarah purchased her shares, and after Eve's call to Adam,Richard closed the salon early. He then went onto TikTok, Instagram, Facebook, LinkedIn, and Twitter, and posted a message at the Financial Times online site stating that he had overheard inside information that Green Grocery was about to be purchased by Giant. Richarddid not purchase any shares.
The next day, Adambought 100,000Green Groceryshares at $7 per share.

Two days later,Green Grocery and Giantjointly announced the takeover. After the announcement, the price of Green Grocery'sshares rose substantially. Both Sarah and Adam sold their Green Grocery shares the next day at $12 per share.

Who has liability for violation of a provision of the Corporations Act 2001 (Cth)?

Select all that apply.

Richard

Eve

Adam

Sarah