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The ad was eventually taken down and Subway Philippines released a statement, which was further criticized online as a non-apology apology as the company did not acknowledge the issue and merely "reiterated the B.M.T message". The statement was also eventually taken down and followed up with a new statement apologizing for the commercial, with ...
Unfair business practices (also Unfair Commercial Practices) describes a set of practices by businesses which are considered unfair, and which may be unlawful. It includes practices which are covered by other areas of law, such as fraud , misrepresentation , and oppressive or unconscionable contract terms.
The Police System of the Philippines poses a high risk of corruption, with the Philippines National Police (PNP) considered to be one of the most corrupt institutions within the country. There are several reports of national police officers and members of the military engaging in criminal activities such as extortion, corruption and involvement ...
Krupp's business over-expanded, and had to take a 30m Mark loan from the Preußische Bank, the Bank of Prussia. Danatbank: Germany: 13 July 1931: Banking: At the start of the Great Depression, after rumours about the solvency of the Norddeutsche Wollkämmerei & Kammgarnspinnerei, there was a bank run, and Danatbank was forced into insolvency.
Cronyism describes relationships existing among mutual acquaintances in private organizations where business, business information, and social interaction are exchanged among influential personnel. This is termed crony capitalism , [ 5 ] and is an ethical breach of the principles of the market economy ; in advanced economies, crony capitalism ...
Corruption is a form of dishonesty or a criminal offense that is undertaken by a person or an organization that is entrusted in a position of authority to acquire illicit benefits or abuse power for one's gain.
Facade in 2023. The Sandiganbayan (lit. ' Support of the nation ' [3]) is a special appellate collegial court in the Philippines that has jurisdiction over criminal and civil cases involving graft and corrupt practices and other offenses committed by public officers and employees, including those in government-owned and controlled corporations.
False or deceptive practice in relation to a specific list of key factors; Omission of material information (unclear or untimely information) Aggressive practice by harassment, coercion or undue influence; These elements of deceptive advertising may impair a consumer's ability to make an informed decision, limiting their freedom of choice.