Which of the Following Is a Known Result of the Enron

question 18

Multiple Choice

Which of the following is a known result of the Enron and WorldCom scandals with respect to the ability to manage risk through insurance?

• A) Directors and officers must now bear the brunt of high deductibles.
• B) The insurance premiums for public companies have tripled.
• C) The insurance premiums for public companies have doubled.
• D) Directors' and officers' liability insurance is now unavailable.

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Definitions:

Manufacturer

A person or company that makes goods for sale, especially on a large scale or using industrial processes.

Infringement

The action of breaking the terms of a law, agreement, or violation of a right.

Registered Design

A legal protection for the visual design of objects that are not purely utilitarian, ensuring exclusive rights to the design holder.

Manufacturer

An entity or individual that makes goods for sale using raw materials and components.