Asked by Tristen Peterson on May 25, 2024
Verified
As of April of 2008,
A) none of the people caught up in the corporate scandals had pleaded guilty.
B) officials of only three corporations have been charged with serious crimes.
C) the employees of Enron had recovered most of their lost pension funds when the courts forced that company's officials to return money they had stolen.
D) several corporate criminals received jail sentences of 10 years or more.
Corporate Scandals
Incidents involving alleged or actual unethical behavior by people in leadership positions within corporations.
- Gain insight into the judicial consequences and effects of business scandals involving fraud, violations of competition laws, and the responses from regulatory bodies.
Verified Answer
DP
Divyesh ParmarMay 27, 2024
Final Answer :
D
Explanation :
Several corporate criminals involved in scandals during the early 2000s, including those associated with Enron and WorldCom, received significant jail sentences, reflecting the legal system's response to corporate fraud and misconduct.
Learning Objectives
- Gain insight into the judicial consequences and effects of business scandals involving fraud, violations of competition laws, and the responses from regulatory bodies.