According to the Legal Briefcase box,"Paying the Price",the fate of Arthur Anderson demonstrates that the law will protect your firm from problems due to the wrong-doings of other firms that you do business with.
Although the conviction against Arthur Andersen was overturned,the company image was tarnished beyond repair.The company ceased to exist.

Question

Quizplus · Accepted Answer

The statement is incorrect. The fate of Arthur Andersen does not demonstrate that the law will protect your firm from problems due to the wrong-doings of other firms that you do business with. The company's conviction was not overturned and it was found guilty of obstruction of justice. The company's reputation was severely damaged, and it ultimately dissolved as a result of the scandal.

According to the Legal Briefcase Box,"Paying the Price",the Fate of Arthur