$(40)$ Section $1$: True or False? Place a T for True or F for False on the answer stem to the left of the question.

$\_\_\_\_\_1.$ SHERRON WATKINS was the Chief Financial Officer at the

Enron Corporation

$\_\_\_\_\_2.$ Executives at Enron Corporation agreed to hide the company$$s debt

In subsidiary companies in order to attract more investors to buy

Shares in the company.

$\_\_\_\_3.$ The Chief Financial Officer at the Enron Corporation was Kenneth

Lay.

$\_\_\_\_4.$ Enron started business as an energy company, selling electricity and

Gas to Consumers and businesses.

$\_\_\_\_5.$ Kenneth Lay, Presdident of the company, was a good friend of

President George W$.$ Bush, and was also a fund$-$raiser for Bush.

$\_\_\_\_6.$ The balance sheet of a company shows its assets, liabilities, and

Equity. If the numbers are accurate, transparency is provided to investors.

$\_\_\_\_7.$ The Texas courts found that the Chief Financial Officer at Enron

defrauded the company of at least U$.$S$.$D$.100,000,000$

$-2-$

$\_\_8.$ Through manipulation of the Revenue figures, Enron$$s Chief

Financial Officer made the company look more profitable than it actually was.

$\_\_\_\_9.$ When investors found out about the company$$s fraud they sold

their Shares causing the price of an Enron stock to fall from $$100\mathrm{.}75$ to Under $$1$ in less than a year.

$\_\_\_\_10.$ Because of the unaccountable actions of Enron executives, Enron

Investors lost an estimated $125$ Billion USD in share value.

$\_\_\_\_11..$ After their convictions, Enron executive Fastow went to a Federal

Prison for six years, and another executive who had been CEO, Jeff Skilling, went to jail for a $24$ year term.

$\_\_\_\_12.$ STEAM WHISTLE recycles almost all the elements in its

Production process so that $70\%$ of its waste does not end up in

Landfill sites.

$\_\_\_\_13.$ THE BEER MARKET in Canada is an oligopoly dominated by

$3$ brewing companies: Empire, Molson$-$Cours, and Interbrew.

$\_\_\_\_14.$ Steam Whistle beer in marketed in all Provinces in Canada,

except Quebec.

$\_\_\_\_15$ In its brewing process, Steam Whistle uses more pure substances

Than the other breweries.

$\_\_\_\_16.$ STEAM WHISTLE supports a green environment, aand uses

Motion sensors to reduce energy consumption as well as energy$-$

efficient light bulbs.

$\_\_\_\_17.$ The founders of Steam Whistle had no background in brewing

beer.

$-3-$

$\_\_\_\_18.$ In $2002,$ Steam Whistle was founded by entrepreneurs Greg

Cromwell, Cam Smith, and Greg Taylor.

$\_\_\_\_19.$ Steam Whistle is a democratically run company. After a

year of successful service, employees are allowed to buy shares

in the company, and these investments are matched $100\%$ by

the company.

$\_\_\_\_20.$ Steam Whistle managers believe that happy employees help

to produce an excellent product.

$\_\_\_\_21.$ When a new employee is required, Steam Whistle uses a human

resource company.

$\_\_\_\_22.$ In terms of accountability to stakeholders such as investors,

employees, customers and governments, Steam Whistle is

a socially responsible company.

$\_\_\_\_23.$ TESLA was founded in $2008$ by N$.$ Tesla and E$.$ Musk

$\_\_\_\_24.$ In August $2021$ Tesla stock hit a high of $$800$ per share.

$\_\_\_\_25.$ There has been constant conflict between Elon Musk and

Shareholders, production employees, and U$.$S$.$ Governments.

$\_\_\_\_26.$ Consumers found many issues such as rusting, sudden power

failures, and equipment malfunctions with the Tesla Model $3.$

$\_\_\_\_27.$ TESLA is a multinational company with significant production

capacity outside the United States, eg$.$ China.

$\_\_\_\_28.$ TESLA has been the target of at least $1,000$ law suits against it

from shareholders, and consumers.

$\_\_\_\_29.$ When Tesla acquired Solar City, a solar power company, in

$2016,$ Musk did not own Solar City stock.

$-4-$

$\_\_\_\_\_30.$ Since his initial involvement with TESLA in $2008,$ Musk has been a

leading stockholder in the firm.

$\_\_\_\_\_31.$ Musk is constantly critical of other business leaders such as

Warren Buffet, an investor.

$\_\_\_\_\_32.$ At Tesla$$s Fremont, CA plant, production plant workers are

paid a $$living wage$$ and treated fairly by management.

$\_\_\_\_33.$ BOEING failed to cooperate with the U$.$S$.$ Federal Aviaition

Authority in a testing certification process for new $737$ MAX planes.