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

Question 47

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. Which of the following approaches to how to be socially responsible is illustrated from this example? Author: I took this change from the questions section above and corrected it. However, I think the sentence was better before the change.


A) Accommodative
B) Proactive
C) Defensive
D) Obstructionist
E) Obligatory

Correct Answer:

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