An Employee Sorts Through a Competing Business's Trash to See

question 26

Multiple Choice

An employee sorts through a competing business's trash to see if there are any documents that could reveal secret information. This is a misuse of

• A)an ethical issue.
• B)corporate intelligence.
• C)collusion.
• D)puffery.
• E)a moral attribute.

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Definitions:

Par Common Stock

The face value of a share of stock as stated in the corporate charter.

Cost Method

An accounting method used to value inventory or investments at their original purchase cost.

Treasury Stock

Shares initially offered by a company and then purchased again by that company, lowering the volume of shares that are actively traded on the market.

Par Common Stock

The face value of common stock as stated in the corporate charter, which has no direct correlation to the market value.