Which of the Following Statements Is Reflective of the Classical

question 15

Multiple Choice

Which of the following statements is reflective of the Classical theory's perspective on why people break the law?

• A) If we don't know any better we will make mistakes.
• B) If we need it we will take it.
• C) If we think we can get away with it we will break the law.
• D) If the devil makes us do it we can't help ourselves.

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Definitions:

Futures Markets

Exchange-traded markets where participants buy and sell contract agreements on commodities or financial instruments for future delivery.

Regulated

Controlled or governed by rules, typically in the context of industries or practices subject to oversight by government agencies.

Initial Margin

The minimum amount of equity that must be provided by an investor as part of the terms of a futures contract or other marginable securities.

Futures Contract

A standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future.