Question

Which of the following is an unethical business practice ?

• A. Collusion
• B. False Communication
• C. Insider Trading
• D. All of the above

Answer 1

The correct option is D All of the above

Insider trading is a word that has many definitions and connotations and which includes both legal and illegal activities. It can also be described as an insider trading of a company’s stock, securities, bonds and stock options by persons with possible access to non-public information about the company.

Collusion is a secret agreement between two or more parties to limit open competition by deceiving, misleading, or defrauding others of their legal rights, or to obtain an objective forbidden by law typically by defrauding or gaining an unfair market advantage.

False communication that is depicting something which is not true is also a part of unethical business practice.