Consequences Of Unethical And Illegal Practices In Business

Question 1

1.Misleading advertising

Answer 1

Unethical and illegal practices in business can have several consequences, including:

1. Misleading advertising: This can lead to consumer deception, loss of trust, and potential legal action.

Question 2

2.With Holding of tax

Answer 2

2. Withholding of tax: This can result in financial penalties, legal consequences, and damage to the business’s reputation.

Question 3

3. Unethical disposal of waste

Answer 3

3. Unethical disposal of waste: This can harm the environment, violate regulations, and negatively impact the business’s image.

Question 4

4.Money laundering

Answer 4

4. Money laundering: This can lead to legal repercussions, financial losses, and damage to the business’s reputation.