A corporate officer is not an agent for the corporation

Question:

When Judge Showalter’s students learn about business law and ethics, they also learn about ethics in the workplace. How does studying ethics work?

Answer:

This statement is false. Everyone who works for the company, is a corporate officer, or is on the board of directors is an agent of the company. The company is the main figure. The corporate officer is the person in charge of the day-to-day operations of a business. Most people who work for a business are either shareholders, directors, or officers. The shareholders put money into the business in hopes of getting money back, and the directors run the business and try to protect the interests of the shareholders.

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