1. What is the term for when controlling shareholders pay themselves high salaries while not employing or not paying out dividends to minority shareholders?
Squeeze-out
Collateral
Liquidity
Quid pro quo
2. Which of the following could be considered as an "insider" under the 1934 Securities and Exchange Act?
Directors of the corporation
Any employee entrusted with information that is being held secret to the public
The Secretary of State
Both A & B