Most often, a manager may face financial liability when concluding obviously unprofitable transactions.
An unfavorable transaction is a transaction whose price differs from similar transactions by two or more times.
It is important to protect yourself as much as possible from concluding such transactions. This can be done by following a number of simple rules:
refuse dubious transactions at the stage of their consideration;
Before concluding student database important contracts and signing agreements, always collect and save complete information about partners (indicate dates and sources of data, sign all documents);
When concluding a clearly risky transaction, record the fact of a joint decision (for example, at a board meeting) in writing.
It is also worth avoiding "gray" schemes when paying taxes and salaries to employees, and also observing all labor protection rules and regulations. This is important, since the founders of the company may consider fines to be the same material damage that the director of the company will have to compensate.
The limitation period for material liability is 3 years from the moment the founders learned of the damage.
Cases when the director of the company is not liable for material damage caused to the company: (according to Article 239 of the Labor Code of the Russian Federation):
force majeure (natural disasters, military operations);
extreme necessity or cases of necessary defense;
normal business risk (when the risk was justified, the issue was about protecting the health of employees, etc.).
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Alexander Kuleshov
Alexander Kuleshov
General Director of Sales Generator LLC
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