Martha Stewart: Quiz On Stock Trading Case and Conviction! Trivia Question

1. Which of these was Stewart charged?

Securities Fraud

Conspiracy

Obstructing of Justice

All of the above

Stewart was charged with securities fraud, conspiracy, and obstructing justice. This means that she was accused of committing all three of these offenses. Securities fraud involves deceptive practices in the stock market, conspiracy involves a secret agreement to commit a crime, and obstructing justice involves interfering with the legal process. Therefore, the correct answer is "All of the above."

Explanation

Stewart was charged with securities fraud, conspiracy, and obstructing justice. This means that she was accused of committing all three of these offenses. Securities fraud involves deceptive practices in the stock market, conspiracy involves a secret agreement to commit a crime, and obstructing justice involves interfering with the legal process. Therefore, the correct answer is "All of the above."

2. Who was arrested for advising friends and family members to sell the stock before the FDA made the announcement and the stock dropped in price?

Dr. Samuel Waksal

Dr. John Waksal

Dr. Williams Waksal

Dr. Samson Waksal

Dr. Samuel Waksal was arrested for advising friends and family members to sell the stock before the FDA made the announcement and the stock dropped in price.

Explanation

Dr. Samuel Waksal was arrested for advising friends and family members to sell the stock before the FDA made the announcement and the stock dropped in price.

3. Who was Stewart's broker?

Mary Bacanovic

Jeremy Bacanovic

Peter Bacanovic

John Bacanovic

Peter Bacanovic was Stewart's broker.

Explanation

Peter Bacanovic was Stewart's broker.

4. How long was Martha Stewart on house arrest?

Five Month

Eight Month

Two Month

None of the above

Martha Stewart was on house arrest for five months.

Explanation

Martha Stewart was on house arrest for five months.

5. How many years of probation was Stewart convicted?

Five years

One year

Four years

Two years

Stewart was convicted for two years of probation.

Explanation

Stewart was convicted for two years of probation.

6. When was Stewart Indicted?

June 2003

January 2004

July 2004

February 2003

Stewart was indicted in June 2003.

Explanation

Stewart was indicted in June 2003.

7. When did Martha become involve with Insider Trading Scandal?

March 2001

November 2001

January 2001

December 2001

Martha became involved with the Insider Trading Scandal in December 2001.

Explanation

Martha became involved with the Insider Trading Scandal in December 2001.

8. When did her 5 month sentence end?

February 2005

March 2005

January 2005

June 2005

The question asks for the end date of her 5-month sentence. Since her sentence started in October 2004, adding 5 months to that would bring us to March 2005. Therefore, March 2005 is the correct answer.

Explanation

The question asks for the end date of her 5-month sentence. Since her sentence started in October 2004, adding 5 months to that would bring us to March 2005. Therefore, March 2005 is the correct answer.