A Secret Agreement Between Two or More Parties for a Fraudulent

question 43

Multiple Choice

A secret agreement between two or more parties for a fraudulent, illegal, or deceitful purpose is known as

• A)optimization.
• B)insider trading.
• C)collusion.
• D)a dilemma.
• E)a conflict of interest.

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Definitions:

Bias

Prejudice in favor of or against one thing, person, or group compared with another, often in a way considered to be unfair.

Inductive Reasoning

A logical process in which multiple premises, all believed true or found true most of the time, are combined to obtain a specific conclusion.

Deductive Reasoning

A logical process where a conclusion follows necessarily from the stated premises, moving from the general to the specific.

Concept

Any abstract characteristic or attribute that has the potential to be measured.