Enron Executives Were Charged with Numerous Counts of Corporate Fraud

question 88

Multiple Choice

Enron executives were charged with numerous counts of corporate fraud and corruption.Among the charges was insider trading, which involves the trading of a corporation's stock by insiders who may have access to information that the public does not.Which role is the government playing when it makes insider trading illegal?

• A)providing for public goods
• B)promoting effective and workable competition
• C)correcting for externalities
• D)adjusting for undesirable market results

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Definitions:

Gig Economy

A labor market characterized by the prevalence of short-term contracts or freelance work, as opposed to permanent jobs.

Lifetime Employees

A concept where employees stay with a single employer for the entirety of their career, often seen as offering stability and loyalty.

Working Individuals

Refers to people who are engaged in employment or activities that contribute to the production of goods and services.

Polysome

A complex formed by multiple ribosomes simultaneously translating a single mRNA strand during protein synthesis.