While the corporate governance problem is not confined to the United States,
A)it can be a much more serious problem in many other parts of the world, where legal protection of shareholders is weak or nonexistent.
B)it has reached its high point in the United States.
C)the U.S. legal system, with lawsuits used only as a last resort, ensured that any conflicts of interest will soon be a thing of the past.
D)none of the above

Question

Quizplus · Accepted Answer

The passage mentions that corporate governance is not only a problem in the United States, but it can be a much more serious problem in many other parts of the world where legal protection of shareholders is weak or nonexistent. Therefore, choice A is the best answer. Choice B is incorrect, as the passage does not suggest that corporate governance has reached its high point in the United States. Choice C is also incorrect, as the passage does not state that the U.S. legal system has ensured that conflicts of interest will soon be a thing of the past.

While the Corporate Governance Problem Is Not Confined to the United