Question
CFO Mr. Cruz embezzled P10million from XYZ Corporation. Mr. Cruz has the obligation to: (1) Return the P10million to XYZ Corporation; (2) Pay the salaries
CFO Mr. Cruz embezzled P10million from XYZ Corporation. Mr. Cruz has the obligation to: (1) Return the P10million to XYZ Corporation; (2) Pay the salaries of XYZ Corporation employees for one fiscal year; (3) Pay legal interest to XYZ Corporation; and (4) Indemnify XYZ Corporation for any consequential damages he may have suffered. a. All of the above. b. 3 and 4 only. c. 1 and 3 only. d. 1, 3, and 4 only.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Based on the information provided the CFO Mr Cruz embezzled P10 million from XYZ Corporation In this ...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Labor and Employment Law Text and Cases
Authors: David Twomey
15th edition
1133188281, 978-1133711841, 1133711847, 978-1285247632, 978-1133188285
