Fiduciary Duties
    Jimmy is the CEO of News Corp. His son Johnny runs Television Inc. One day Jimmy suggests that Johnny sell Television Inc. to News Corp. Jimmy and Johnny work together to radically inflate the value of Television Inc. Jimmy brings a proposal to the Board of Directors to buy Television Inc. for $500 million dollars even though the corporation is only worth $2 million. The board of directors diligently examines the transaction but due to clever forgeries the board does not discover the radical inflation of the corporation. Jimmy never discloses his relationship with Johnny. The sale goes through and it is shortly discovered that Television Inc. is practically worthless.
    The requirements below must be met for your paper to be accepted and graded:
    Reference material (data dates graphs quotes paraphrased words values etc.) must be identified in the paper and listed on a reference page.Reference material (data dates graphs quotes paraphrased words values etc.) must come from sources such as scholarly journals found in EBSCOhost online newspapers such as The Wall Street Journal government websites etc. Sources such as Wikis Yahoo Answers eHow etc. are not acceptable.A detailed explanation of how to cite a source using APA can be found here (link). Download an example

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