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The Managers of Lehman Brothers, Whose Bankruptcy Helped Propel the 2008-2009

Question 69

Multiple Choice

The managers of Lehman Brothers, whose bankruptcy helped propel the 2008-2009 financial crisis, used loopholes in U.K. law to hide billions of dollars of worthless assets in its balance sheet to disguise its poor financial condition. This example illustrates the ________ approach to social responsibility.


A) accommodative
B) proactive
C) defensive
D) obstructionist
E) obligatory

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