Question No. 1

Based on the information relating to Enron in https://www.investopedia.com/updates/enron- scandal-summary/, please give your opinion as to how Enron violated each of the following

compliance elements and discuss the way(s) in which each such violation led to Enron's demise.

Please use facts/evidence/examples from any of this year's readings to support your analysis and conclusions with respect to each element.

Element 2: High-Level Oversight Element 5: Ongoing Monitoring and Auditing Element 6: Enforcement of Compliance Program

Feel free to use the Week 1 readings and materials and other publicly available information if you would like, and please cite any such information.

Your response may not exceed 5..0..0.. words (excluding citations, if applicable).