Many Former Employees at Enron,an Energy Trading and Supply Company,had

question 13

Multiple Choice

Many former employees at Enron,an energy trading and supply company,had a large part of their portfolio invested in Enron stock.These employees were bearing a high degree of ________ risk.

• A)unsystematic
• B)systematic
• C)market specific
• D)non-diversifiable

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Definitions:

East Tennessee

A geographical region in the southeastern United States, characterized by its distinct cultural and historical identity.

Writing Requirement

A legal principle that certain kinds of contracts or agreements must be recorded in written form to be legally binding and enforceable.

Confirming Memo

A written document used to reiterate agreements or transactions that have been verbally made, ensuring both parties share the same understanding.

Delivery Contract

A delivery contract is a legal agreement specifying the terms under which goods are to be transferred from a seller to a buyer.