Fraudulent trading under the Insolvency Act 1986 is a civil – not a criminal offence. Any directors found guilty are liable to make good the company's debts.
A、The individual had no expectation of profit
B、The individual had reasonable grounds to believe that the information was about to be published
C、The individual had reasonable grounds to believe their action was in the public interest
D、The individual was not seeking to profit from the transaction personally
A、The individual had no expectation of profit
B、The individual had reasonable grounds to believe that the information was about to be published
C、The individual had reasonable grounds to believe their action was in the public interest
D、The individual was not seeking to profit from the transaction personally
【参考答案及解析】
No expectation of profit is a valid defence to a charge of insider dealing. The other options are not valid defences.
No expectation of profit is a valid defence to a charge of insider dealing. The other options are not valid defences.