Bayer AG, Syndial SpA, Crompton Corp

question 43

Multiple Choice

Bayer AG, Syndial SpA, Crompton Corp., DuPont Dow Elastomers, and Zeon Chemicals are all international manufacturers of rubber chemicals. They have all been indicted as participants in a price-fixing scheme that drove up the costs of rubber chemicals used to make shoes, tires, and other products. These companies ignored their_________ responsibility to society.

• A) economic
• B) ethical
• C) legal
• D) discretionary
• E) fiscal

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Definitions:

Lower Bound

A minimum value or limit that a variable, such as a stock price or interest rate, can assume.

Upper Bound

The maximum limit or highest achievable level of a particular measurement.

Call Option

A contractual arrangement providing the holder with the privilege, yet not the compulsion, to acquire an asset such as a stock, bond, or commodity, at a predetermined price during a defined period.

Interest Rate

An interest rate is the percentage of principal charged by the lender for the use of its money, or the rate earned on deposited funds.