单项选择题

According to the Securities Law，which of the following persons who is deemed to have knowledge of inside information is prohibited from taking advantage of it to engage in securities trading？（）

A.Any shareholder who holds at least 3%of the shares in a listed company
B.Any staff member of a listed company
C.Any director，supervisor or senior executive of a listed company

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单项选择题

Under the Company Law，a company may purchase its own shares under certain conditions.Which of the following is NOT such a condition？（）

A.Where the company is to offer its shares to its senior executives
B.Where the company is to reduce its registered capital
C.Where the company is to fix the price of its stocks in the securities market
D.Where the company merges with another company which holds its shares

单项选择题

When a joint stock company fails to be incorporated，which of the following statements about the promoter’s liabilities is correct？（）

A.They shall be liable individually for the debts and expenses according to their proportion of shares of the registered capital
B.They shall be liable only for refunding the paid-up money to the subscribers
C.They shall be liable，jointly and severally，for refunding the paid-up money plus bank deposit interest to the subscribers
D.They shall not have any liabilities for the failure of incorporation under the principle of limited liability