Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this is the whole question no data has been provided to me and we do not have any additional information i mean it when i

image text in transcribed this is the whole question no data has been provided to me and we do not have any additional information i mean it when i say i do not have anything else this is the entirety of the question i do not have an additional info

2. Ingrid is a CEO of a corporation. Ingrid wants to sell shares in the corporation. She wants to make as much money as possible, so she creates fictional records for how much the corporation is worth, who the managerial personnel are, how money from the sale of shares will be used, how much property the corporation has, how much liquid assets your corporation has, and whether there are any lawsuits against the corporation. After the first year of selling shares, Ingrid exaggerate the profits the corporation makes every year for the next ten years. Ingrid learns from an outside source that a venture the corporation had been working on was a failure and the value of the corporation's shares will plummet as a result. Ingrid calls a meeting of the corporation's Board of Directors and tells them the bad news. Amari is a board member. Amari goes home and tells Amari's family that they will lose money next week when the shares' value drops. The next day, Amari's husband tells his drycleaner the bad news. The drycleaner, Mikhail, owns shares and is worried. Mikhail calls Mikhail's stockbroker Itsuki and tells Itsuki to sell all of Mikhail's shares before the price decreases. Identify each and every law and ethics principle we have covered in class, making sure that you show a clear relationship between each 1) law and 2) ethics principle you identify and 3) the facts that are related to it; and making sure to also provide your own interpretations and conclusions on each issue you discuss and why you arrived at them. 2. Ingrid is a CEO of a corporation. Ingrid wants to sell shares in the corporation. She wants to make as much money as possible, so she creates fictional records for how much the corporation is worth, who the managerial personnel are, how money from the sale of shares will be used, how much property the corporation has, how much liquid assets your corporation has, and whether there are any lawsuits against the corporation. After the first year of selling shares, Ingrid exaggerate the profits the corporation makes every year for the next ten years. Ingrid learns from an outside source that a venture the corporation had been working on was a failure and the value of the corporation's shares will plummet as a result. Ingrid calls a meeting of the corporation's Board of Directors and tells them the bad news. Amari is a board member. Amari goes home and tells Amari's family that they will lose money next week when the shares' value drops. The next day, Amari's husband tells his drycleaner the bad news. The drycleaner, Mikhail, owns shares and is worried. Mikhail calls Mikhail's stockbroker Itsuki and tells Itsuki to sell all of Mikhail's shares before the price decreases. Identify each and every law and ethics principle we have covered in class, making sure that you show a clear relationship between each 1) law and 2) ethics principle you identify and 3) the facts that are related to it; and making sure to also provide your own interpretations and conclusions on each issue you discuss and why you arrived at them

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Econometrics For Finance

Authors: Chris Brooks

3rd Edition

1107661455, 9781107661455

More Books

Students also viewed these Finance questions