E.F.Hutton and Co.was convicted of the violation of kiting laws.Check kiting is an illegal practice involving the writing checks against money that has not arrived at the bank on which the check is drawn.Doing this violated their business social responsibility in terms of:

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E.F. Hutton's violation of check kiting laws directly impacted their investors, as this illegal practice inflated their account balances and created a false sense of financial stability. This was a breach of their business social responsibility to act ethically and responsibly towards their investors.

EFHutton and Co