Indira's financial services company knowingly financed high-risk securities during a time when all their competitors were doing the same, and like others, they were caught in the process. Over the next decade, what is likely to be the most quantifiable cost to the company?

Question

Allison

Business

10 May, 22:29

Indira's financial services company knowingly financed high-risk securities during a time when all their competitors were doing the same, and like others, they were caught in the process. Over the next decade, what is likely to be the most quantifiable cost to the company?

+4

Answers (1)

Know the Answer?

Elyse Keith · Answer 1

ongoing legal defenses

Explanation:

Based on the scenario being described within the question it can be said that the most quantifiable cost to the company would be ongoing legal defenses. That is because they are financing high-risk securities and all the other competitors were caught, therefore there is a high chance that they will as well and are going to need legal defense.