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Ben Set Up an Elaborate Scheme to Mine Gold in the Rockies

question 143

Multiple Choice

Ben set up an elaborate scheme to mine gold in the Rockies. He had a large town meeting and made a presentation of his stock. The shares were only $5 each, and everyone could afford them. He showed pictures of the mine and explained how the company expected to gross $100 million each month. As it turns out, he was a terrific con artist who had made several "successful" proposals such as this in towns across America in the last couple of years. He is MOST likely suffering from:


Definitions:

Industry Self-Regulation

The process where an industry regulates itself without intervention from governmental bodies, typically through the establishment of codes of conduct, standards, and practices.

Legal Standards

The established benchmarks or criteria that guide the interpretation and enforcement of laws.

Fin-Syn Rules

Regulations established to prevent networks from owning the syndication rights to the programming they air, ensuring a diversity of TV show ownership.

Major Television Networks

Large and influential television broadcasting companies that have a wide reach and significant audience.

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