Problem-Question 1.Mr Eric is a non-executive director of GoldCoin Bank Ltd. He is also a partner of Tricky Partners, a financial consulting firm dealing with GoldCoin. GoldCoin has offered Tricky Partners a permanent consulting service that promises to be highly

| October 22, 2018

Problem-Question 1.Mr Eric is a non-executive director of GoldCoin Bank Ltd. He is also a partner of Tricky Partners, a financial consulting firm dealing with GoldCoin. GoldCoin has offered Tricky Partners a permanent consulting service that promises to be highly profitable for the firm. Mr Eric actively promotes the deal amongst his colleague directors at GoldCoin. The directors are unaware that he stands to be paid a large bonus if the deal with GoldCoin proceeds. Mr Morton is a non-executive …

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