Ethics Flashcards

1
Q

Ethics vs Legal

A

Action can be legal but not ethical

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2
Q

Common Corporate Ethics Provisions

A
  1. Conflict of Interest
  2. No kickbacks/gratuities/gifts
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3
Q

Types of Found Property

A
  1. Abandoned Property
  2. Lost Property
  3. Mislaid Property
  4. Treasure
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4
Q

Abandoned Property

A

Property that has been voluntarily parted with (thrown away). Belongs to the finder.

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5
Q

Lost Property

A

Property that has been involuntarily parted with. Belongs to the finder against the who world except the true owner.

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6
Q

Mislaid Property

A

Property that was intentionally placed & then forgotten. Belongs to the owner of the land against the whole world except the true owner.

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7
Q

Treasure

A

Antiques that belong to the finder against the whole world except the true owner.

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