John Anderson Case
Regarding the incident with John Anderson and is intentional giving of confidential customer information to a direct competitor for monetary gain. It is of my opinion that Mr. Anderson has clearly broken several lines in the Code of Ethics for the company. Additionally, Mr. Anderson could place the company at risk for being sued by our customers whose information has been given away to our competitor.
The lines that Mr. Anderson had broken are as follows: ‘...protection of all personal information received in the course of providing the business services concerned.’ The information that was given away by Mr. Anderson was only available to him because the people affected were our customers. Therefore, their personal information that we only …show more content…
Anderson was not in a fiduciary relationship with International Widgets. He was able to make contact and handle sale orders from current and new customers. However, he did not possess superior knowledge of the functionality of the job he who doing over his counterparts. He is however considered a registered agent of International Widgets. The definition of a registered agent is, “A person or corporation that is empowered to accept service of process on behalf of a corporation.”(Cheeseman, 2013, p. 486) Mr. Anderson could enter contracts with other corporations or people on behalf of International Widgets. Hence he is an agent of our company. An agent has certain duties to preform to the principle or International Widgets. First is a duty to perform, the agent should perform the duty of the principle as required by their contract lawfully and meet the standards of reasonable care. Mr. Anderson should have not worked with a direct competitor of this principle corporation this does not meet the standard of reasonable care. Secondly, is the duty to notify. “An agent owes a duty to notify the principal of important information concerning the agency.” (Cheeseman, 2013, p. 444) Being approached by a competitor is the type of information that should be shared with the company. Third is the duty to account. This includes duty to account or accountability through, “A duty that an agent owes to maintain an accurate accounting of all transactions undertaken on the principal’s …show more content…
This works hand in hand with the next stipulation of the agents should not usurping an opportunity that is belongs to the company. Both of these points of ethics an agent should follow were broken by Mr. Anderson when he competed with our company and took away opportunities that were not his to give away. Misuse of confidential information is another code of ethics of an agent to their principle. Mr. Anderson clearly broke this when he handed over copious amounts of information to the competition, which lead to his breaking of the final rule in the code of ethics. An agent cannot be in a dual agency, “An agent cannot meet a duty of loyalty to two parties with conflicting interests.” (Cheeseman, 2013, p.
The lines that Mr. Anderson had broken are as follows: ‘...protection of all personal information received in the course of providing the business services concerned.’ The information that was given away by Mr. Anderson was only available to him because the people affected were our customers. Therefore, their personal information that we only …show more content…
Anderson was not in a fiduciary relationship with International Widgets. He was able to make contact and handle sale orders from current and new customers. However, he did not possess superior knowledge of the functionality of the job he who doing over his counterparts. He is however considered a registered agent of International Widgets. The definition of a registered agent is, “A person or corporation that is empowered to accept service of process on behalf of a corporation.”(Cheeseman, 2013, p. 486) Mr. Anderson could enter contracts with other corporations or people on behalf of International Widgets. Hence he is an agent of our company. An agent has certain duties to preform to the principle or International Widgets. First is a duty to perform, the agent should perform the duty of the principle as required by their contract lawfully and meet the standards of reasonable care. Mr. Anderson should have not worked with a direct competitor of this principle corporation this does not meet the standard of reasonable care. Secondly, is the duty to notify. “An agent owes a duty to notify the principal of important information concerning the agency.” (Cheeseman, 2013, p. 444) Being approached by a competitor is the type of information that should be shared with the company. Third is the duty to account. This includes duty to account or accountability through, “A duty that an agent owes to maintain an accurate accounting of all transactions undertaken on the principal’s …show more content…
This works hand in hand with the next stipulation of the agents should not usurping an opportunity that is belongs to the company. Both of these points of ethics an agent should follow were broken by Mr. Anderson when he competed with our company and took away opportunities that were not his to give away. Misuse of confidential information is another code of ethics of an agent to their principle. Mr. Anderson clearly broke this when he handed over copious amounts of information to the competition, which lead to his breaking of the final rule in the code of ethics. An agent cannot be in a dual agency, “An agent cannot meet a duty of loyalty to two parties with conflicting interests.” (Cheeseman, 2013, p.