According to the ethics research presented in the text, "bad cases" are best described as ________
A) managers who encourage unethical choices
B) people who are inclined to make unethical choices
C) ethical situations that are ripe for unethical choices
D) environments that foster or condone unethical choices
Answer: C
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Section 14(e) of the Williams Act is a(n) ________ regarding tender offers
A) antifraud provision B) shareholders rights provision C) merger provision D) acquisition provision
Which of the following points out a hidden flaw in Darrell's thinking?
A) In addition to owning mutual funds, many young investors purchase individual stocks through discount brokers. B) While the stock market declined sharply in 2008-2009, it came back strongly in 2010-2011. C) In recent years, investments in precious metals have appreciated more quickly than many mutual funds. D) In the recent past, many securities rated as investment grade were, in fact, based on risky home mortgage loans and lost value. E) Municipal bonds often are not paid off all at once but instead are paid off gradually over a period of five years or more.