![](https://lstatic.shangxueba.com/jiandati/pc/images/pc_jdt_tittleico.png)
(c) Define ‘market risk’ for Mr Allejandra and explain why Gluck and Goodman’s market risk
(c) Define ‘market risk’ for Mr Allejandra and explain why Gluck and Goodman’s market risk exposure is
increased by failing to have an effective audit committee. (5 marks)
![](https://lstatic.shangxueba.com/jiandati/pc/images/jdt_panel_vip.png)