Examlex
Despite warnings from NASA engineers that the shuttle might explode because rubber rings on the rocket booster could fail in freezing temperatures,project managers of the Challenger agreed to launch it after a series of bitterly cold days in January.This is an example of intelligent people making a catastrophic decision due to the phenomenon of ____.
Underwriter
A professional or company that assesses and assumes risk on behalf of clients, often seen in insurance, securities, and loan industries.
Open-Market Trader
An individual or entity that buys and sells securities, commodities, or other goods in the open market, adhering to the principles of supply and demand.
Tippee
A person who receives undisclosed privileged information about a corporation from an insider.
Securities Act
Legislation regulating the issuance and trading of securities to protect investors against fraud.
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