Week 1 Assignment Example | Topics and Well Written Essays - 250 words - 4

Week 1 - Assignment Example According to ‘Appendix F: Federal Prosecution of Business Organizations’, the prosecution of a liability by a corporate entity should follow a well laid down procedure, which entails investigating the corporate failure, determining whether a charge is warranted, and negotiating for the corporate entity and the affected parties to reach an agreement, or alternatively enter a plea (Hasl-Kelchner, 2006). In this respect, the National Highway Traffic Safety Administration is applying this procedure to determine the culpability of Ford Company for the steering wheel problems, with a view to establish whether the company deserves to be charged for the failure. According to ‘Appendix F: Corporate Disclosure of relevant Facts’, it is the duty of a corporation to disclose the relevant facts in relation to a product released, so that the consumers can be fully aware of the nature of the product they are purchasing (Hasl-Kelchner, 2006). In this respect, the National Highway Traffic Safety Administration is investigating whether the Ford Motor Company was aware of the steering wheel problems with its cars, but failed to recall them back in good time (Jensen, 2014). If the company is found to be culpable for the non-disclosure of facts regarding this product, then it will be charged for a criminal offense. Jensen, C. (2014, October 6). Government Investigates 938,000 Ford Sedans for Steering Problem. The New York Times. Available at: