When people are less careful about avoiding insured losses than they would be if they were not insured so that losses occur more often than they would otherwise, ____ occurs.

______ ADRs are intended to be purchased by qualified institutional buyers only.

Which of the following is the Central Limits Theorem?

Brad, the president and controlling shareholder of ABC clothing company, decides to accept a proposed tender offer and sell the family business at a price almost double the market price of its shares.
He describes this decision to his sister, who is ABC's treasurer, who conveys it to her daughter, who owns stock in the company, who tells her husband Ed. Ed however, tells his stockbroker Darren who immediately buys ABC's stock for Ed. Who has violated Standard II (A) - Material non-public information?

If demand is price inelastic: