Reference - Kite Sales. Wendy is president of a business that manufactures kites. The kites of her company, ABC Kites, are sold to large toy stores. After Wendy learned a great deal about kites, she started to make kites at home and to promote them to large toy stores. She also started selling kites to friends. Some of the directors learned about her kite sales and accused her of wrongdoing. Wendy denied any wrongdoing. In which of the following objectionable activities was Wendy involved, if any, in selling and marketing the kites?
A) She was not involved in any objectionable activities.
B) She was involved in objectionable self-dealing.
C) She was involved in objectionable personal-profit allocation.
D) She was involved in objectionable private-profit allocation.
E) She was involved in objectionable corporate profit reduction.
Correct Answer:
Verified
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