Oxtron,Inc

question 44

Essay

Oxtron,Inc.is considering establishing a program that actively encourages ethical behavior.What reasons would support Oxtron's adoption of an ethics program?

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Definitions:

Fundamental Changes

Significant alterations in the operations, structure, or activities of an organization or system that have a profound effect on its function.

Charter Amendments

Changes or modifications made to a corporation’s charter or articles of incorporation, typically requiring approval from shareholders and/or regulatory authorities.

Strict Liability

A legal principle that holds a party responsible for damages or harm caused by their actions or products, without the need to prove negligence or fault.

Cash-Out Combinations

Financial arrangements, often in mergers and acquisitions, where shareholders receive cash instead of shares of the new or acquiring company.