In 2010,an Explosion of a BP Oil Drill Resulted in the Deaths

question 33

Multiple Choice

In 2010,an explosion of a BP oil drill resulted in the deaths of 11 workers and the largest environmental disaster in U.S.history.The BP CEO was fired because of his ineffective handling of the crisis.The CEO lost his job because he failed to uphold _____ responsibilities.

• A) economic
• B) legal
• C) ethical
• D) philanthropic

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Definitions:

Future Value

The value of an investment or cash flow at a specified future date, based on an assumed rate of growth or return.

Financial Calculator

A specialized calculator used to perform financial functions, such as calculating interest rates, payments, and investment values.

Time Periods

Time periods refer to specific lengths or intervals of time which are used for measuring, analyzing, or specifying durations, often within financial, managerial, or planning contexts.

Compound Interest

A method where interest is calculated not just on the initial amount invested or borrowed, but also on the interest that has been accumulated over previous periods, for either savings or loans.