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The Arthur Andersen Auditors Did Not Notice How Low Enron

question 52

Multiple Choice

The Arthur Andersen auditors did not notice how low Enron had fallen in terms of its unethical decisions over a period of time. According to Bazerman and Chugh, this omission is an example of ____.


Definitions:

A Misdemeanor

A criminal offense that is less serious than a felony and generally punishable by fines, penalties, or a short term of imprisonment.

Petty Offenses

Minor legal violations that typically result in a small fine or penalty and do not entail significant legal consequences.

Tort Offenses

Legal wrongdoings that arise from breach of duty primarily fixed by law, where the duty is towards individuals rather than contractual obligations.

Strict Liability

A legal doctrine that makes an individual or entity responsible for damages or harm caused by their actions, regardless of fault or negligence.

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