Which of the Following Statements Is True of the Dodd-Frank

question 146

Multiple Choice

Which of the following statements is true of the Dodd-Frank Act?

• A) It played a major role in the U.S. economy meltdown of the first decade of the 21st century.
• B) It required large firms in the financial sector to hold more equity and less debt in their capital structures.
• C) It weakened government oversight of financial markets.
• D) It required large firms in the financial sector to increase their debt-to-equity ratio.

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Definitions:

Unethical

Behaviors or decisions that are morally wrong according to a widely accepted code of conduct, often violating social, professional, or legal standards.

Western Nations

Countries located in the Western hemisphere, often referring to Europe and the Americas, which share certain cultural, political, and economic characteristics.

Ethical

pertains to principles of morally good conduct, involving considerations of right and wrong behavior in human actions, particularly in business and professional settings.

Stakeholders

Individuals or groups that have an interest in any decision or activity of an organization, including but not limited to employees, customers, suppliers, and shareholders.