anti-monopoly law

What is a social contract and how does it relate to organisational legitimacy? (6 marks, maximum300 words)b) Explain two ways organisations can use corporate disclosure policy to maintain or regainorganisational legitimacy?

Agency costs are -‒‒‒‒‒‒ O costs that managers bear when they do not act in the interests of shareholders O costs that shareholders bear because managers pursue their own interests rather than acting in the interests of shareholders O costs that firms must pay to comply with the regulations imposed by federal government agencies O costs that are exempt from taxation

You are negotiating a transaction for your client, Shark Corporation. Parties on the other side of the deal ask you for information about the structural stability of a building, which is a significant part of the transaction. Coleman, Shark’s tax director, tells you to say that everything is all right when the building has substantial hidden damage. Coleman tells you to say this because it would be more favorable to Shark’s position in the transaction. How would you respond to Coleman’s request? Be sure to cite research that supports your position. What if you have already told the other side that the building is fine when you learn about the problems? What other potential ethics issues do you see in this situation? Which AICPA Code(s) of Professional Conduct rules apply in this situation (explain how and why they apply)?