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Arthur Anderson and its long-time client Enron. Since the demise of these two well-known, highly regarded business institutions, there have been many studies about what

Arthur Anderson and its long-time client Enron. Since the demise of these two well-known, highly regarded business institutions, there have been many studies about what happened to cause their downfall. The threats you mentioned are what could happen.

1. Explain the real-life situation of Arthur Anderson and Enron; what did happen?

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