Habib, who owns a popular restaurant, plans to expand his business. After reading favorable reviews, he decides to invest in an acquisition unaware that it is a dummy corporation. This fraud leads to significant financial losses for him, and he is forced to shut down his business. Which of the following is most likely to be the main reason for the failure of Habib's business?

Question

Quizplus · Accepted Answer

Habib's investment in a dummy corporation that turned out to be fraudulent shows an ethical failure on his part. This led to significant financial losses and ultimately forced him to shut down his business. Therefore, ethical failure is the most likely reason for the failure of his business.

Habib, Who Owns a Popular Restaurant, Plans to Expand His