Turquoise company purchased a life insurance policy on the company's chief executive officer, joe. after the company had paid $400,000 in premiums, joe died and the company collected the $1.5 million face amount of the policy. the company also purchased group term life insurance on all its employees. joe had included $16,000 in gross income for the group term life insurance premiums. joe's widow, rebecca, received the $100,000 proceeds from the group term life insurance policy.
a. rebecca can exclude the life insurance proceeds of $100,000, but turquoise company must include $1,100,000 ($1,500,000 - $400,000) in gross income.
b. turquoise company and rebecca can exclude the life insurance proceeds of $1,500,000 and $100,000, respectively, from gross income.
c. turquoise company can exclude $1,100,000 ($1,500,000 - $400,000) from gross income, but rebecca must include $84,000 in gross income.
d. turquoise company must include $1,100,000 ($1,500,000 - $400,000) in gross income and rebecca must include $100,000 in gross income.
e. none of these.

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?

Why is accountability important in managing safety

Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?