Bernice Enjoys Snooping,particularly Through Her Neighbor Fernando's Trash

question 45

Essay

Bernice enjoys snooping,particularly through her neighbor Fernando's trash.She sneaks out and grabs Fernando's trash while he is at work and his garbage can is at the curb,awaiting the trash collector's pickup.Bernice goes through it to find out confidential information regarding Fernando,but never tells anyone else or uses the information for any purpose other than to satisfy her own curiosity.Discuss whether you believe it is legal and/or ethical for Bernice to go through Fernando's trash.

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Definitions:

Capital Needs

The financial requirements a company has for carrying out its operations and investments, including the purchasing of assets and funding of projects.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.

Paid-In Capital

The amount of money that a company has received from shareholders in exchange for shares of stock.

Retained Earnings

The portion of net profits that are kept in the company rather than distributed to shareholders as dividends, often used for reinvestment in the business.