Explore the risks and implications of unlimited liability, where business owners may use personal assets to settle business debts, including its impact on partnerships and sole proprietorships.
Understand the concept of a conflict of interest, illustrated by real-world examples and explorations of its potential legal and ethical ramifications.
Explore the detailed explanation of tax fraud, its various forms, and critical distinctions from tax avoidance. Learn about the significant consequences and real-life implications of committing tax fraud.