Nearly every state has enacted statutes that allow people to…

Nearly every state has enacted statutes that allow people to express their wishes regarding the extent of medical treatment they want if an accident or illness prevents them from participating in making medical decisions. The document that allows them to express their wishes is called a(n) ________.

Samson is the vice president of a large national bank whose…

Samson is the vice president of a large national bank whose stock is publicly traded. Before it becomes public knowledge, Samson finds out that the bank is being investigated by the Securities and Exchange Commission (“SEC”) for largescale securities fraud and suspects this unsettling news is going to cause the bank’s stock price to tank once the general public finds out. Samson tells his cousin Michelle about the bank’s investigation, and Michelle promptly sells all her shares of stock in the bank. Samson was aware that Michelle owned a significant amount of the bank’s stock and Michelle was aware that Samson told her about news of the bank’s fraud investigation before the general public was supposed to know about it. One month after Michelle sells her stock, news of the SEC’s investigation into the bank becomes public knowledge and the bank’s stock plummets as a result. Has Samson committed insider trading?