Opportunistic Behavior on the Part of Strategic Leaders at Enron

question 36

Multiple Choice

Opportunistic behavior on the part of strategic leaders at Enron and Tyco has lead to an increase in the importance of

• A) having insiders on a company's board of directors
• B) institutional investing
• C) corporate governance
• D) related-party transactions

---

Definitions:

First Amendment

Part of the U.S. Constitution that protects freedoms concerning religion, expression, assembly, and the right to petition.

Puffery

Exaggerated or hyperbolic promotion of a product or service that is subjective and not meant to be taken literally.

Lanham Act

A federal statute in the United States that governs trademarks, service marks, and unfair competition, providing protection for brand identities and combating misleading practices.

Misleading Food Advertisements

Advertising practices that falsely represent the quality, nutritional value, or origin of food products, potentially deceiving consumers.