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Author Question: One major reason for fraudulent activities in the insurance industry that was not present in the ... (Read 63 times)

abern

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  • Posts: 533
on: Jul 20, 2018
One major reason for fraudulent activities in the insurance industry that was not present in the banking industry was
 
  a) the involvement of organized deviance.
  b) even more inadequate government regulation.
  c) even more criminal participation in managing the companies.
  d) the unsettled nature of the insurance industry.

Question 2

Which is NOT one of the types of fraudulent practices that led to the savings and loan failures?
 
  a) the manipulation of stocks by corporate investors
  b) illegal nonbanking activities by S&L owners
  c) collective embezzlement by S&L owners
  d) covering up illegal practices


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Beatricemm

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Reply #1 on: Jul 20, 2018
Answer to Question 1

b) even more inadequate government regulation.

Answer to Question 2

a) the manipulation of stocks by corporate investors


abern

  • Member
  • Posts: 533
Reply 2 on: Jul 20, 2018
Great answer, keep it coming :)

hramirez205

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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