Which of the Following Statements Is False with Regard to the 2008

question 13

Multiple Choice

Which of the following statements is false with regard to the 2008 discovery of Bernard Madoff's Ponzi scheme?

• A) He preserved an element of secrecy by claiming his investment strategy to be a trade secret.
• B) The scheme lasted over 20 years and cost his clients billions of dollars.
• C) Obtaining investment funds from charities and nonprofits was an essential part of his strategy.
• D) To keep multiple authorities and governments from examining his operation, he restricted the scheme to U.S. investors and U.S. business entities only.

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Definitions:

Neurons

Nerve cells that are the basic building blocks of the nervous system, responsible for receiving sensory input from the external world, sending motor commands to our muscles, and transforming and relaying the electrical signals at every step in between.

Environment

The surrounding physical, chemical, and biological factors and conditions that influence the growth, development, and survival of organisms.

Behavior

The actions or reactions of an organism, often in response to its environment.

Altruistic Behavior

Occurs whenever a helping individual behaves in a way that benefits another individual at a cost to its own fitness.