The Legal Briefcase box,"Paying the Price" talks about illegal acts committed by executives at Enron,WorldCom,and Tyco International.This discussion demonstrates that business crimes are clearly illegal according to law,but seldom do they affect the operations of firms.
Enron and WorldCom are no longer in business.Tyco International suffered a severe image problem.Investors pounded the stock price of all three companies.CEOs and other top executives that commit grievous acts can permanently affect the firm's operations and future.

Question

Quizplus · Accepted Answer

The statement that business crimes seldom affect the operations of firms is incorrect. The examples of Enron, WorldCom, and Tyco International show that illegal acts by executives can have severe and lasting impacts on a company's operations, reputation, and financial stability.

The Legal Briefcase Box,"Paying the Price" Talks About Illegal Acts