Discussion1 - worse. This give the company time to repair...

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My opinion is that the CEO took the correct action. The ones who benefit from his choice was the CEO, CFO, Board of Directors and or shareholders. The CEO primary duty was to the Board of Directors because together they decide what is going to happen with this company. I do believe the CEO lied because he mentioned there was a problem which is being corrected, to my opinion he could’ve fixed it before I got to the
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Unformatted text preview: worse. This give the company time to repair any issue before anybody could find out, but in the event not matter what you do all the wrong comes out. The CEO was not exactly the problem; however, he did fail to mention that there was a problem, so legally he is innocent but in reality he is guilty of hiding evidences....
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This note was uploaded on 10/19/2011 for the course LAWS Spring taught by Professor Browne during the Spring '11 term at DeVry NJ.

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