John works as an engineer for a technological company, and Maria works as a sales executive for a competitor business. Maria reminded John that her profession contains sensitive information, and she cautions him not to reveal anything he learns from her work to anyone. While attending a conference, John overheard two executives from Maria's company discussing a new product launch. He chooses to buy a modest amount of Maria's company's shares, intending to profit from the predicted increase in the company's stock price following the product launch. John double-checked his company's regulations to ensure that there was no conflict of interest or limitation on the purchase. However, as a result of unanticipated factors, the product introduction was delayed, and the stock price of Maria's company fell instead. Instead of the predicted profit, John's investment resulted in a loss. Question : Explain whether "Unacceptable" is correct or incorrect with respect to the relevant Standard. State the key points of the case that relate to the relevant Standard in your own words.

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John works as an engineer for a technological company, and Maria works as a sales
executive for a competitor business. Maria reminded John that her profession
contains sensitive information, and she cautions him not to reveal anything he learns
from her work to anyone.
While attending a conference, John overheard two executives from Maria's company
discussing a new product launch. He chooses to buy a modest amount of Maria's
company's shares, intending to profit from the predicted increase in the company's
stock price following the product launch. John double-checked his company's
regulations to ensure that there was no conflict of interest or limitation on the
purchase.
However, as a result of unanticipated factors, the product introduction was delayed,
and the stock price of Maria's company fell instead. Instead of the predicted profit,
John's investment resulted in a loss.
Question :
Explain whether "Unacceptable" is correct or incorrect with respect to the relevant
Standard. State the key points of the case that relate to the relevant Standard in your
own words.
Transcribed Image Text:John works as an engineer for a technological company, and Maria works as a sales executive for a competitor business. Maria reminded John that her profession contains sensitive information, and she cautions him not to reveal anything he learns from her work to anyone. While attending a conference, John overheard two executives from Maria's company discussing a new product launch. He chooses to buy a modest amount of Maria's company's shares, intending to profit from the predicted increase in the company's stock price following the product launch. John double-checked his company's regulations to ensure that there was no conflict of interest or limitation on the purchase. However, as a result of unanticipated factors, the product introduction was delayed, and the stock price of Maria's company fell instead. Instead of the predicted profit, John's investment resulted in a loss. Question : Explain whether "Unacceptable" is correct or incorrect with respect to the relevant Standard. State the key points of the case that relate to the relevant Standard in your own words.
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