In the early 1970s our legislators observed this ..and the sheer power of the large corporation over the individual.
Accordingly the developed and enacted in legislation the obligation to act in an ethical manner.
Originally this was aimed at the broad consumer..ie through the Trade Practices Act
The thinking was further adopted into Securities Law and Corporations Law
ie
A corporation shall not engage in conduct that is misleading or deceptive or is likely to mislead or deceive
I suggest Opes clients savior these words ..they are the simplest and most potent our legislators could devise
The wording is purposely aimed to capture the broadest of circumstances..in effect our legislators ...aimed to give the most powerful tool possible to the little guy to dismantle the inherent strengths of large corporations without ethics.
In effect the above legislated ..the positive onus on all members of the community ..ethical dealings
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