Jeff Sanders, head of finance for Components, Inc has just interviewed Laura Dern, an employee from the finance department of InChip, Components' chief competitor. Laura has explained that she has been passed over one too many times for a promotion at InChip and is thus in the job market. As Laura is leaving she whispers to Jeff, "Look, I have no contract at InChip that obligates me in anyway. I
can begin immediately. Further, I have been able to obtain copies of our newest computer chip designs. You'll have them before InChip even begins production.".
a. Jeff should hire Laura on the spot without any worries about ethical breaches since Laura is not under contract.
b. Jeff's hiring of Laura may constitute an ethical breach, but would not constitute illegal conduct.
c. Jeff should not hire Laura, and must analyze the issue of whether to disclose Laura's conduct to InChip.
d. Jeff should not hire Laura and need not worry about Laura's conduct and its impact on InChip.
.C
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Fact Pattern 30-1BIn January, Jazz Dance Studio owes Kay, its musical director, $1,800 for current wages, receives $700 as a down payment for dance lessons from Lora, and pays a Music, Inc., a sheet music supplier, $1,500 of $3,000 owed. In February, the studio files a petition in bankruptcy for relief through a liquidation.Refer to Fact Pattern 30-1B. Based on the size of the studio's estate in bankruptcy, each of Jazz's creditors will get only 10 percent of their claims. Regarding the payment to Music, Inc., the trustee may
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