Local engineering manufactures parts for the car industry. Alex, the purchasing manager gets a call from Lucy who wants to sell plastic quickly. The price she is offering is low so Alex agrees to purchase. Lucy requests cash and to meet in a car park. Alex asks his supervisor and explains the deal feels weird, his supervisor says the price is great, and to proceed. Alex goes ahead and gives lucy the cash, she funds away with the money and the plastic is never delivered to alex. What is the legal position

 

Answer rating: 100% (QA)

The situation described raises concerns about potential fraud or a scam In a typical business transa... View the full answer