READ: At a function for the German Automobile Owners Organisation on Sunday, 11 February, Fred Wong, chairman of the audit committee of Manfold Toy Ltd and Executive for On Yee Exports, asked Joseph (chairman of Manfold Toy Ltd)for a few minutes in private. In a one-on-one conversation, Fred told Joseph that he had heard a rumour that On Yee Exports, a private company and the sole distributor of Manfold Toy in Australia & New Zealand was close to bankruptcy. As sales to On Yee constituted around 18% of Manfold Toys business, this would greatly affect Manfold Toy if the rumour turned out to be true. Joseph asked whether Fred was certain about the financial trouble of On Yee and if the company were really on the brink of bankruptcy; it would not be prudent to spread rumours without proof. Fred answered in the negative but said that Joseph might need to take it seriously. Instead, Joseph told Fred that he was not certain if Fred should really share this information with him as, in doing so, he might have compromised his duties as a director of On Yee and was possibly in breach of a number of guidelines and regulations.

Criteria:

Situation, decision, or behavior taken from related case: item is related to ethics; not too broad or too narrow in scope.

Summarized well including key points and actions.

1) Read the situation above and tell me what may have ethical consequences (positive or negative) and summarize it. 2) Summary should be BRIEF and not encompass several sets of behaviors. That is, stick to one particular action by one of the players in the case, or one particular decision.

3) For decisions or actions that have expansive consequences, try to describe just one significant aspect instead of the entire issue.

4) Keep summary to 5-6 sentences at the most.

5) How does it relate to ethics (not too broad or too narrow in scope)

Will give positive rating if done properly and diligently!