Quiz Ch 01 – T/F Ethical Considerations in Providing Information to Banks and Shareholders

Fundamentals of Financial Management, Concise

Brigham and Houston

09th Edition

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True or false? Numerous forms of unethical business conduct exist. One instance involves executives furnishing knowingly inaccurate information to banks and shareholders. Providing such information to banks is illegal, but doing so to stockholders, who are the firm's owners, is not illegal since they are insiders.

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