Personal loan from the corporation with no collateral

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Reference no: EM131635811

Mark, a lawyer with the Boeing Corporation, discovered that the president of Boeing received a personal loan from the corporation with no collateral, and that Boeing owed $5 million listed on the corporate books as an asset rather than a liability. What would you advise Mark to do? Please fully explain your answer and support it with at least one example. You must provide an example to receive all the points.

Reference no: EM131635811

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