Question

First Fidelity Insurance received a call from Second Fifth Bank regarding Margaret Gessner, a former Fidelity employee. Gessner had been fired for embezzlement. Can First Fidelity disclose such information? Must First Fidelity disclose it?

Answer 1

Answer:

• First Fidelity can disclose such information as Embezzlement is a serious financial offence
• First Fidelity must disclose The information  

Explanation:

First Fidelity insurance is obligated by law to pass/give accurate information about an employee's abilities and characteristics as regards to performance at the place of work regardless if he/she is a current employee or a former employee.

Fifth Bank calling First Fidelity about an ex- employee that they would like to employ is one step that Fifth Bank would take in order to determine the credibility and trustworthiness of their prospective staff and First Fidelity disclosing the information that Margaret Gessner embezzled funds while working with them will help Second Fifth Bank make the best decision as regards employing her

Answer 2

Answer:Students should discuss the issues of defamation as well as negligence if Fidelity fails to reveal the information to a potential employer, particularly a bank.

Explanation: Embezzlement is stern used to describe the misappropriation or theft of rounds placed under the care of a particular person, embezzlement is a criminal offense and it is punishable under the laws of the land.

Defamation is a term used to describe the various processes,steps or Activities through which a person or group of persons tends to falsely represent a person or an organisation's image.