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1. Identify a party (other than stockholders) that can be classified as a stakeholder for a corporation. What obligation does the corporation have to this party? Describe a situation where stockholder claims on the organization might conflict with the claims of this stakeholder group. If you were CEO, how would you resolve these conflicts?

2. During the summer and fall of 2008, the U.S. financial system and financial systems around the world appeared to be on the verge of collailpse. How did we get into this condition? What did we do to get out of it? How can we prevent another such scenario in the future?

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