Question: Ethics caseWriting experience D Based on the ethics case, answer the following questions concerning Ace Chemical Company in writing: a. Is this transaction fair to

Ethics case–Writing experience D Based on the ethics case, answer the following questions concerning Ace Chemical Company in writing:

a. Is this transaction fair to the creditors?

b. Why would the officers not merely declare a USD 4 million cash dividend? Is the proposed treasury stock transaction fair to the other stockholders?

c. If you were one of the officers, would you feel comfortable in going ahead with this proposed treasury stock transaction?

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