Brian, Jake, and Sophia Plotted to Rob a Bank

question 7

Essay

Brian, Jake, and Sophia plotted to rob a bank. Brian and Jake will be carrying guns into the bank and Sophia will serve as the getaway driver. Upon arriving at the bank, Brian and Jake raise their guns, point them toward the direction of customers and employees, and demand money from the tellers. Meanwhile, a police officer sitting with the bank manager gets up and orders Brian and Jake to lower their weapons, who subsequently refused. The police officer shoots toward the two robbers, hitting Jake and killing him. A dangerous shootout ensues and one of Brian's bullets hits and kills a customer. Likewise, one of the police officer's bullets hits and kills another customer. Analyze this case under the agency theory of felony murder.

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Definitions:

Competition

The rivalry among businesses or within markets for customers, which can influence prices, product quality, and innovations.

Market Participants

Entities or individuals involved in trading or investing in financial markets, including buyers, sellers, and intermediaries.

Semi-Strong Form Efficiency

This refers to a theory suggesting that all public information is already accounted for in stock prices, and that it's impossible to achieve higher returns using this information alone.

Market Efficiency

a condition in which asset prices fully reflect all available information.