Business law Essay Example | Topics and Well Written Essays - 250 words - 6

Business law - Essay Example gallon act and quiet unethical as it manipulates the inventory so as to attract potential investors by adding the credit worthiness as well as increasing chances of being advanced a ease by a financial institution. It could also imply that increased inventory statements will equally center the cost of goods thus reduce the expense and subsequent reflection in high gross profit. Furthermore, magnification of inventory statements leads to business overpaying tax since it increases the pre-tax net income.Basing on this, ABC Investments can therefore seek good action for damages which can make them recover whatever they have lost which in this good example amounts to $500,000 and any other damages. However, Zulu Computer Corporation can argue it as an innocent misrepresentation that leads to a rescission remedy which means that they assume the original status as though they had not sign-language(a) the contract and will depend on the court whether the d amages will be awarded depending on the genius of innocent misrepresentation and losses suffered. ABC Investments can use copies of the financial statements to file a quest of which individual responsibility or company responsibility will