Which of the Following Is True About the Bear Stearns

question 224

Multiple Choice

Which of the following is true about the Bear Stearns fund managers?

• A) They made full disclosures to their clients about market risk and securities
• B) The continued to hold the same levels and types of investments as their clients
• C) They did not raise questions about the quality of the investments they were selling to their clients
• D) They guessed wrong on which way the market would go

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A rationale or basis that is recognized or upheld by the legal system.

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The body of law enacted by each state or territory in the United States governing local affairs.

Discrimination

Unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

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