Use the Fact Situation in Q1 to Answer the Related

question 42

Essay

Use the fact situation in Q1 to answer the related question that follows.
Based on the Enron situation,if some form of liability should flow down to the accountants of such corporations,what about the lawyers for such corporations,who not only have a duty to advise against many of the acts committed by such corporations,but who also act for such corporations on transactions that deplete corporate assets when they cannot help but know that the corporation is insolvent or close to insolvency?

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Definitions:

Substantially Departed

A term describing a significant deviation or departure from agreed-upon terms or expectations in a legal or formal context.

Scope of Duties

The range or extent of responsibilities and tasks that a job entails, as defined by an employment contract or position description.

Right of Recovery

The legal ability to seek or obtain restitution, compensation, or remedy for losses or damages that have been incurred.

Intentionally Harm

The deliberate action to cause damage or injury to another person or entity.