A would have been the answer if the information was leaked unintendedly but here Kind has deliberately told Kalchin to buy shares of Westtown and Kalchin later enquired whether the news is genuine or not so, the best choice seems to be option C
we prefer opt a when the material non- public info is accidently leaked to a group of people who can trade on it which will not be beneficial for public
Hi Mahek,
A would have been the answer if the information was leaked unintendedly but here Kind has deliberately told Kalchin to buy shares of Westtown and Kalchin later enquired whether the news is genuine or not so, the best choice seems to be option C
I hope this does help you!
we prefer opt a when the material non- public info is accidently leaked to a group of people who can trade on it which will not be beneficial for public