Ethical principles are involved in this case

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Henrietta has just bought $1000 in stock in the X Company. She did so base upon the advice of her friend who is an accountant for the company. X Company loses money and the stock goes down. Henrietta is very angry at her friend and also at the X Company. She indicates that she may sue them for fraudulent misrepresentation. You are the President of X Company. Questions: What, if any, ethical principles are involved in this case? What are your options as the Manager of X COMPANY?

Reference no: EM132301500

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