Which of the following is not a step recommended by Deloitte & Touche to embed positive ethics and values with its compliance program?

a. do a risk/assessment
b. review the current ethical policies and procedures
c. ask for feedback from the employees of the current value of ethics training
d. review the current compliance program

C

Business

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Option-to-cancel clauses always render a contract illusory, because one party is not bound to the contract.

a. true b. false

Business

In general, a firm's theoretical optimal capital structure is that which balances the tax benefits of equity financing against the increase probability of bankruptcy that results from its use

Indicate whether the statement is true or false

Business