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BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

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Fundamentals of Ethics, Corporate Governance and Business Law Questions and Answers

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Question 1

L is a senior management accountant in a large and respected firm. He has found out that two of the partners of the firm are working unethically for clients who operate on 'the wrong side of the law'.  L would like to draw this matter to the attention of the third partner, but he is concerned that he will either lose his job, or, if the scandal gets out, the firm will lose its reputation and clients as a result.  He decides to do nothing.  Is this an unethical thing to do?

Options:

A.

Yes - it is the ethical duty of an accountant not to cover anything up

B.

Yes - it is unethical to work for a firm like that

C.

No - he is protecting the reputation of the firm

D.

No - he is protecting his own job and the jobs of everyone in the firm

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Question 2

Which of the following is correct?

(i) A contract for the sale of land must be in writing.

(ii) A consumer credit agreement must be in writing.

(iii) A contract of employment must be in writing.

Options:

A.

(i) only

B.

(i) and (ii) only

C.

(i) and (iii) only

D.

(i), (ii) and (iii)

Question 3

Which of the following cases of dismissal are likely to be deemed automatically fair by an employment tribunal?

Options:

A.

Tom - A 75-year-old firefighter whose boss made him retire because of the physical nature of the job.

B.

Nigel - A security guard who had been dismissed for drinking on the job.

C.

Sara - An accountant who was dismissed for lying about her qualifications during her initial interview.

D.

Bob - An employee at a biscuit factory who was dismissed because the company they worked for wanted to save money despite having no debts.

E.

Anita - An employee at an IT firm who was dismissed by her boss because she is a graduate who doesn't have much experience.

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