TRUE OR FALSE
1. The most common method for obtaining information covertly is the installation of a "cookie" which is a file placed on a user's hard drive that recognizes repeat user and stores information from past visits. This is a federally recognized violation of privacy.
2. A conflict of interest arises when the compensation is tied to the number of trades that a customer makes and not the quality of the trades.
3. If a trade secret is accidentally leaked to the public, it can still be protected, if the information is quickly recovered and concealed.
4. Confidential information is external information that companies try to keep secret because disclosures to the competitors or the public might be harmful.