CR Challengers 13

In recent years, the number of reported cases of ethical misconduct and out-and-out fraud in the telemarketing of stocks, securities, and other investments has risen dramatically. In answer to the growing demand for regulation of this industry, federal and state agencies are formulating an approach to the problem that would entail close supervision and regular auditing of the activities of the investment houses that use telemarketing. Such government involvement in private industry is, however, antithetical to this country’s belief in free private industry and would surely dampen the spirit of aggressive capitalism that made this country great. Clearly, in order to keep the government out of their business, investment houses should cease the practice of paying telemarketers on commission.
Which one of the following is an assumption on which the argument above is based?

a. Successful capitalism is dependent upon a governmental policy of noninterference and furthered by pro-business regulations.

b. The government’s ability to detect misconduct, even with close supervision, would be minimal, and therefore pointless.

c. If judged by contemporary standards, many of these so-called violations would be considered ethical.

d. Earning a high commission as a telemarketer is not proof of one’s abilities as an investment broker.

e.The incidence of ethical misconduct has a direct relation to the telemarketer’s desire for larger commissions

1 comments:

Anonymous,  24/6/10 7:06 PM  

Show off the hottest look going with the evening clutch Hardy clothing
. This is one of most popular bags and is part of the hardy shirt
collection. Shop for the azure ED Hardy Shoes
. ED Hardy Shoes
us a new take on the wild west with this contemporary interpretation featuring a bold blue hue.

Related Posts Plugin for WordPress, Blogger...

Vocab Power Updated Daily

  • COBBLED - Repair or mend
  • ABHORRENCE - Hate coupled with disgust
  • INCUMBENCY - The term during which some position is held
  • MITIGATE -Lessen or to try to lessen the seriousness or extent of
  • dubious - Open to doubt or suspicion
  • FOSTERING - Encouragement; aiding the development of something
  • ELICIT- Call forth (emotions, feelings, and responses)
  • PLAUSIBLE - Apparently reasonable and valid, and truthful
  • FORGE - Move ahead steadily
  • BOLSTER (V)-Support and strengthen
  • ECCENTRIC- A person with an unusual or odd personality
  • PATRONAGE - The act of providing approval and support
  • IMPERVIOUS - Not admitting of passage or capable of being affected

Blog Archive

Blog Roll on move

Submit your Blog here| Link Exchange

Updates from my other Blogs

badge