Provide a Short Answer to Each of These Questions

question 10

Essay

Provide a short answer to each of these questions. Be sure to fully explain your answer.
-Using the authors' definition of whistle-blowing, the complaint must be lodged with some party outside the organization in question. By this definition, the actions of Sherron Watkins at Enron, Colleen Riley at the FBI, and Cynthia Cooper at WorldCom would not be considered whistle-blowing. Does the complainant have to report to an outside party for the action to qualify as whistle-blowing? Why or why not?

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Definitions:

Board of Directors

A group of individuals elected to represent shareholders and govern the corporation's affairs and decision-making processes.

General Partnership

A business structure where two or more individuals own and operate a business together, sharing all profits, losses, and liabilities equally, unless otherwise agreed.

Formalities

Specific procedures or ceremonial acts legally required to validate contracts, documents, or other legal actions.

Purported Partners

Individuals who appear to or claim to be partners in a business to the public, regardless of the legality of their partnership status.