When the chief financial officer, or other executive, of a corporation is unsure whether a certain business action is legal, she should act
A)in her own best interest.
B)honestly and responsibly.
C)in the best short-run interest of the company.
D)to maximize profit.

Question

Quizplus · Accepted Answer

When facing uncertainty about the legality of a business action, an executive should act honestly and responsibly, ensuring that their actions are ethical and in compliance with the law, rather than prioritizing personal gain, short-term company interests, or profit maximization.

When the Chief Financial Officer, or Other Executive, of a Corporation