Only Since Enron's Collapse Have Ethicists and Business Professionals Really

question 49

True/False

Only since Enron's collapse have ethicists and business professionals really been concerned about the increasing focus on "short-term" earnings.

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Definitions:

Legal Entities

Organizations such as corporations, governments, or nonprofit institutions that have legal rights and obligations.

Duty Of Care

A legal obligation requiring individuals to exercise a reasonable standard of care to prevent harm to others.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and profit and loss distribution among partners in a business partnership.

Vicarious Liability

A legal principle under which a party can be held liable for the wrongful actions of another party, even if the first party did not commit the act themselves.