Ch 1 ED - the stock holders of the company but an illegal...

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Ethical Dilemma Basically in this situation there are only two possible courses of action: record the car as a company asset, or refuse and lose their business. It is illegal to record the car as a company asset because it is in no way going to be utilized by the company. Looking the other way and recording it as a business asset would not only be morally irresponsible to
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Unformatted text preview: the stock holders of the company, but an illegal action that will result in nothing but problems. The only way in which a car can be purchased on the company’s funds would be if its sole use was used in the operating of the business....
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