Business, 19.09.2019 20:00, hannahkharel2

The supreme court ruled on united states v. o'hagan, a case on insider trading. in the case o'hagan, a lawyer in a firm representing the target of a tender offer, traded in the stock of the company (using the insider information) for personal profit. the court's ruled that this was a breach of a fiduciary duty to the source of the information, which is best characterized as: a. ethical relativism —changes their rule according to the circumstance. b. social contract— investors to expect an even playing field. c. utilitarian— maximize pleasure for the most people. d. ethical egoist—maximizes self-interest.

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The supreme court ruled on united states v. o'hagan, a case on insider trading. in the case o'hagan,...