CHEHOMA Corporation has been operating for almost 10 years now. After five years ofoperation, it started borrowing money from the bank yearly to keep its business going. Due to the global crisis and the weakening of the Philippine economy, the company failed to pay its debts to the bank.Because of this situation, the bank issued the company a letter of notice telling the company that if it fails to pay its debts, or at least the interest, within a year, the bank will have no choice but to take over the company. Consequently, the company was forced to act on it. It decided to cut down its expenses by having a mass lay-off of its employees in order to cope with the demands of the bank. But certain groups of employees opposed the idea so they initiated a dialogue with the management. They said that they prefer a salary below the minimum wage rather than to lose their jobs especially in those times. However, the management told them that this is against the law and that the company might face a criminal offense. Still the employees continued to plead until the company gave in. as a consequence, they told the employees that they would have to sign a document stating that they actually received the right wage. It is to appear that the company is paying the right amount of wage of the employee. Fair Wage? Questions: 1. Clearly, the company will violate the law if it allowed its employees to receive the wage below the minimum than the law requires. Is this decision morally correct? Why or why not? 2. The employees insisted on what was legally wrong. Is this action morally justified