Enron Referred to This Transactions as "Monetizing" or "Syndicating" Its

question 3

Multiple Choice

Enron referred to this transactions as "monetizing" or "syndicating" its assets:

• A)Buy more assets using syndicated loans
• B)Sell assets to third parties and record cash income as earnings
• C)Hedge the company's assets
• D)Lend money to third parties to buy assets
• E)Recording profits on energy derivatives trading

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Definitions:

Pleasure

A state of feeling happy, satisfied, or enjoyable.

Sole Good

The concept in ethics that there is only one ultimate value or good towards which all actions are directed.

Good

That which is morally right, beneficial, or of high quality.

Evil

A moral wrong or wickedness that is often regarded as a profound immorality.