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CSME – May 2019 – L2 – Q4 – Ethics in Business

Advise on the nature of a corporate code of ethics, reasons for developing it, and provisions for employees and customers.

Drewal and Taiwo jointly established a plastic company after a long period of economic recession. The Board of Directors is in the process of drawing out the corporate code of ethics for the company. Advise it on:
a) The nature of a corporate code of ethics. (2 Marks)
b) THREE basic reasons for developing a company’s code of ethics. (6 Marks)
c) Any FIVE general provisions that a corporate code of ethics should specify. (5 Marks)
d) FOUR provisions or statements the corporate code of ethics should have in respect of employees and any THREE in respect of customers. (7 Marks)

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BL – Nov 2014 – L1 – SA – Q19 – Hire Purchase and Consumer Credit Transactions

Identify the incorrect duty of a bank to its customers.

ONE of the duties of a bank to its customers is the duty of/not
A. Employment
B. Pay on their behalf without mandate
C. To assist them
D. Secrecy
E. To give scholarship to their children

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CSME – May 2019 – L2 – Q4 – Ethics in Business

Advise on the nature of a corporate code of ethics, reasons for developing it, and provisions for employees and customers.

Drewal and Taiwo jointly established a plastic company after a long period of economic recession. The Board of Directors is in the process of drawing out the corporate code of ethics for the company. Advise it on:
a) The nature of a corporate code of ethics. (2 Marks)
b) THREE basic reasons for developing a company’s code of ethics. (6 Marks)
c) Any FIVE general provisions that a corporate code of ethics should specify. (5 Marks)
d) FOUR provisions or statements the corporate code of ethics should have in respect of employees and any THREE in respect of customers. (7 Marks)

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BL – Nov 2014 – L1 – SA – Q19 – Hire Purchase and Consumer Credit Transactions

Identify the incorrect duty of a bank to its customers.

ONE of the duties of a bank to its customers is the duty of/not
A. Employment
B. Pay on their behalf without mandate
C. To assist them
D. Secrecy
E. To give scholarship to their children

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Report an error

You're reporting an error for "BL – Nov 2014 – L1 – SA – Q19 – Hire Purchase and Consumer Credit Transactions"

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