While the Corporate Governance Problem Is Not Confined to the United

question 88

Multiple Choice

While the corporate governance problem is not confined to the United States,

• A)it can be a much more serious problem in many other parts of the world, where legal protection of shareholders is weak or nonexistent.
• B)it has reached its high point in the United States.
• C)the U.S. legal system, with lawsuits used only as a last resort, ensured that any conflicts of interest will soon be a thing of the past.
• D)none of the above

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Definitions:

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