Answer all questions kindly!!! If you were a factory owner, how would you feel about these laws? Which laws would hurt your business? Which laws
Answer all questions kindly!!!
If you were a factory owner, how would you feel about these laws? Which laws would hurt your business? Which laws might help your business?
Please answer the above question in a complete paragraph.
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Examine the relationship between law and ethics in the operation of a business.
Select the true statement about the relationship between law, ethics, and business
. a.) A law-abiding business is considered to be acting ethically to some degree, but could do more outside of the legal requirements
. b.) A business that follows the laws cannot be completely ethical
. c.) A law-abiding business must act completely ethical
. d.) A business that follows the laws is always morally excellent.
If YourFace Incorporation does not pay of creditors, has an alter ego, does not act like a corporation, uses corporate funds to pay personal funds or commits fraud, the court may do which of the following? CORPORATE FRAUD O a. No. Under the Model Act, regardless of MegaCorp's motives, it had the right to act as it did. O b. Pierce the corporate veil O C. Replace the officers. O d. Terminate the corporation.1. John Smith had successful business which he wanted to expand and needed extra funding. He was advised by bank that he needed an audit of his business to determine if his present business was profitable. John hired ABC accounting agency to audit his business they we given instructions to determine the level of profit made and if there was any fraudulent activity by staff members. ABC audit revealed that the company was highly profitable and there was no fraud by staff members. John was able get a loan from the bank based on ABC audit report. John experience financial difficulties one year after he received the loan. John a new audit done by XYZ accounting agency for the same period of ABC audit and it revealed that the company was not profitable and that the staff was issuing false invoices. Advise John if he can take any action against ABC."The codification of directors' duties under the Companies Act 2006 is not an improvement from the common law position. It does little to clarify the nature and scope of the duties owed by directors." Required Discuss this statement with reference to the prior case law on directors' duties the common law rules and the provisions within the Companies Act 2006