FUND.OF CORP.FINANCE PKG. F/BU >C<
FUND.OF CORP.FINANCE PKG. F/BU >C<
16th Edition
ISBN: 9781323165997
Author: Berk
Publisher: PEARSON C
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Chapter 1, Problem 13P
Summary Introduction

Corporation:

A corporation is a separate legal entity which is separate from its owners. It is an artificial body and continues to exist even after the death of its owners where in such case the ownership is transferred. The owners are separate from the legal body and hence they are not liable for any obligation of the corporation individually. Similarly, the corporation is also not liable for any of the personal obligations of its owners.

Agency Problem

Agency problem happens in a corporation where the ownership of the firm and the control are in two different hands. It is a situation in which there is a conflict of interest between the manager and shareholders of a company. The managers are hired to make decisions on behalf of the shareholders but the managers take decisions that favor their interest instead of the shareholders. This is known as the agency problem that often happens in corporations.

To Identify:

The nature of the agency conflict in the given question and the way it is related to ethical considerations.

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Answer this question Using the Google drive liink below it hhas the case study In the scenario, Sharp’s employer has been putting more emphasis on controlling costsfor the various businesses. With the slowing of overall spending in the construction sector,Travolta had ordered managers to closely monitor expenses. He had sold several companiesand has given vice presidents greater responsibility for statements of financial positions. Whatpositive and negative consequences might this pose to the company in future fraud prevention?Outline at least three of each type. Please use sources and insert intext citiations Apa 7 format in the answer and provide the links and references below.  https://docs.google.com/document/d/1MpthrFl3eAnMKR-EprYRP9sMo8Ll0WtbhxhpGtLbdcw/edit?usp=sharing
file:///C:/Users/rafan/Downloads/Assignment%201%20Paving%20Company%20Case%20S2%202024%20to%202025.pdf    Using the link for the fraud case answer only this question below.    b) As discussed in units 1 to 4, all frauds involve key elements. Identify and describe usingexamples, the elements of Sharp’s fraud.
Option should be match  experts are giving incorrect answer they are using AI /Chatgpt that is generating wrong answer. i will give unhelpful if answer will not match in option. dont use AI also
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