Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ve has becn disgruntled with his firm for some time and is secretly planaing to leave and start bis own manufacturer representative firm with the

image text in transcribed
ve has becn disgruntled with his firm for some time and is secretly planaing to leave and start bis own manufacturer representative firm with the contacts he has de. Steve has been making copies of the firm's file-secured customer lists, supplier lists, pricing guides, and financial information which is routinely cireulated to staff. a. Customers who switch fo Steve's new firm will be liable to Steve's former firm for lost profits. b. If Steve leaves and contacts the customers of his former firm, there is a good chance that he will be liable for damages caused by bis taking this information. c. Steve's former firm will have a difficult time stopping Steve because it did not protect its information. d. Steve shouldn't have made copies on the old firm's copy machine but taken the originals to an outside copy service

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Finance questions