Which of the Following Statements Regarding Communication and Ethics Is

question 11

Multiple Choice

Which of the following statements regarding communication and ethics is INCORRECT?

• A)Ethical,forthright communication by an organization should occur internally as well as externally.
• B)A high profile employee,such as an executive,should be the chief external communicator during a crisis situation for a firm.
• C)People are unhappy with the occurrence of the unexpected,but are even more unhappy when they find out someone tried to hide it.
• D)Exxon Oil is widely recognized as having been successful communicators during the Valdez incident.

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Definitions:

Rescission

The legal act of canceling, revoking, or terminating a contract, returning all parties to their original positions prior to the contract.

Securities Act of 1933

A U.S. law enacted to ensure more transparency in financial statements so investors can make informed decisions about investments.

Securities Exchange Act of 1934

A U.S. federal law regulating the secondary trading of securities (stocks, bonds, and debentures) to protect investors against malpractice.

White-collar Crime

Non-violent crime committed typically by individuals in professional roles for financial gain, involving deceit or violation of trust.