Which Was the Largest Fraud or Bankruptcy Leading to the Crisis

question 13

Multiple Choice

Which was the largest fraud or bankruptcy leading to the crisis of investor confidence in 2002?

• A)Enron
• B)Global Crossing
• C)WorldCom
• D)HIH Insurance
• E)Xerox

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Definitions:

Explicit Prejudice

Explicit prejudice involves conscious, openly expressed negative beliefs or attitudes toward a group based on characteristics such as race, gender, or ethnicity.

Unconscious Patronization

The phenomenon where individuals unknowingly treat a member of a marginalized group in a condescending or diminutive manner.

Unconscious Patronization

Subtle, unintended display of condescension or inferior treatment towards certain groups, often without the awareness of the individual.

Hindsight Bias

The inclination to feel that one would have foreseen or anticipated the result after an event has taken place.