Answer to Question #259294 in Management for carol

Question

In a public listed company who is liable for the misleading information under Companies Act 2016 and Capital Market Services Act 2007

Answer 1

               Any assertion about your commodities or services would be factual, precise, and verified. Organizations that defraud customers face penalties. It makes no difference as to if a false or erroneous remark was made on purpose or not. It is prohibited for a company to make claims that are erroneous or likely to provide the wrong impression. This encompasses advertising or remarks in any medium, including print, radio, television, social media, and online, as well as remarks made by an individual supporting your company.