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You are an office manager for Triple C Employment Services, a small business of 20 employees. It is your responsibility to pay the invoices submitted by your vendors. In recent months, you have noticed an increase in the number of invoices from your small office supply vendor, Handy Offices. It seems as if the prices for many of the supplies are higher than necessary.After doing some research, you discover that one of your company's managers, John Deedrick, has been placing many of these orders. You also discover that John has received some rather nice "gifts" from the CEO at Handy Offices, including two dinners at an expensive restaurant and greens fees at one of the better golf courses in the area. You know all too well that Deedrick, the Handy Offices CEO, and the Triple C CEOs are good friends, both on and off the golf course.Is this a case of unethical behaviour, illegal behaviour, neither, or both? Explain. Provide two things Triple C Employment Services can do to ensure this type of behaviour does not continue to occur?
Insurable Interest
A requirement indicating that a person or entity must have a direct stake in the preservation of the insured item or person to legally purchase insurance on that item or person.
Simple Delivery Contract
An agreement where the delivery of a product is made immediately upon completion of the sale.
Contract
A legally binding agreement between two or more parties that outlines obligations and rights concerning specific terms.
Risk Of Loss
The liability or potential for losing value or possession of goods, often considered in transactions and agreements.
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