On Her Company Website,Ali Asks Customers Who Fill Orders to Place

question 259

True/False

On her company website,Ali asks customers who fill orders to place a check-mark in a box if they are willing to let her share their information with her suppliers.By asking this question,Ali is addressing privacy issues,and covering her actions in case someone should try to sue her for sharing private information.She is responding to the question,"Are my proposed actions legal?"
Asking the question,"Are my proposed actions legal?" is the first step toward addressing ethical concerns.By asking and answering this question,the business owner takes the first step in determining if the action is acceptable behavior.

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Definitions:

Debits

Entries in accounting that are used to record increases in assets or expenses and decreases in liabilities, equity, and revenue.

Capital Balance

The amount of money that a business or individual has invested in an entity, not including profits or losses from operations.

Net Income

The residual profit of an enterprise after deducting all expenditures and tax payments from its overall revenue.

Withdrawal

The process of removing funds from a bank account or investment.