The 2001 Implosion of Houston-Based Enron Corp

question 7

Multiple Choice

The 2001 implosion of Houston-based Enron Corp.and subsequent loss of jobs revealed

• A) a systematic failure of the Texas state government to adequately regulate the energy industry.
• B) the impact that high taxation of corporations in Texas had on industry.
• C) the weakness of the tech sector in Texas and its growing obsolescence.
• D) the high degree of corruption and bribery within Texas state government.
• E) the weakness of Governor Rick Perry in managing such economic crises.

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Definitions:

Carbohydrate

Compound containing carbon, hydrogen, and oxygen, in the approximate ratio of C:2H:O (e.g., sugars, starch, and cellulose).

Lipid

A group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins (such as vitamins A, D, E, and K), monoglycerides, diglycerides, triglycerides, phospholipids, and others.

Protein

A large, complex organic compound composed of covalently linked amino acid subunits; contains carbon, hydrogen, oxygen, nitrogen, and sulfur.

Cholesterol

A waxy type of lipid that is essential for the formation of cell membranes, certain hormones, and vitamin D, but high levels can lead to health issues.