Enron fell apart because of _______ .
A) the death of its chairman
B) the collapse of the oil market
C) its inability to raise funds to cover its "off balance sheet" transactions
D) excess liquidity

Question

Enron fell apart because of _______	.
A) the death of its chairman
B) the collapse of the oil market
C) its inability to raise funds to cover its "off balance sheet" transactions
D) excess liquidity

Quizplus · Accepted Answer

Enron's downfall was primarily due to its inability to cover its off-balance-sheet transactions, which were hidden liabilities that led to financial instability and eventual bankruptcy.

Enron Fell Apart Because of _______