Bernard Madoff Is in Jail After Pleading Guilty in 2009

question 48

Multiple Choice

Bernard Madoff is in jail after pleading guilty in 2009 to the biggest fraud in Wall Street history.Madoff carried out his fraud over four decades by relying on __________.

• A)financial expertise and human error
• B)social engineering and the predictability of human nature
• C)red flags and accounting loopholes
• D)unbelievable returns that defied the market

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Definitions:

Hormonal Change

Adjustments in the levels of hormones in the body, which can affect mood, growth, metabolism, and other bodily functions.

Industrialized Nations

Countries with well-developed industries and infrastructure, often showcasing higher levels of income and standards of living.

Sexual Maturation

The process of developing physical and physiological traits related to reproduction, marked by puberty changes.

Potbellied

Refers to having a rounded or protruding belly.