Systematic or Unsystematic risk

Explain whether each of the following is systematic or unsystematic risk using references to the required background readings:

a. There is a large recession.

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☐Systematic Risk

☐Unsystematic Risk

Explain:

 

b. It is discovered that a company lied about its earnings and it is not nearly as profitable as they claimed.

☐Systematic Risk

☐Unsystematic Risk

Explain:

 

c. The CEO of a successful company gets arrested for some serious crimes, and the company has trouble finding a good replacement.

☐Systematic Risk

☐Unsystematic Risk

Explain: