Ethical And Legal Issues || Why the Issues are Important Flashcards
1
Q
Legitimate Business Operations .
A
A business should be a bona fide firm established for lawful purposes, not a front for money laundering or other illegal activities.
2
Q
Legal Funds
A
Businesses must ensure they obtain money legally and from legitimate sources, avoiding the use of illegal funds.
3
Q
Why Businesses Should Pay Taxes on Time
A
Businesses should pay taxes and national insurance contributions on time as it supports public services, ensures fair competition, builds trust, and avoids legal issues that could harm their reputation or operations.
