xcept in certain exceptional cases, the principal's express authorization is not required to be in writing . Authority can therefore be granted orally or writing ? True or false
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Except in certain exceptional cases, the principal's express authorization is not required to be in writing . Authority can therefore be granted orally or writing ? True or false
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- The due diligence process aims at establishing and verifying:I. The identity of the beneficial owner.II. The identity of the legal person.III. The identity of the trust or similar arrangement.IV. The ownership and control structures. Question 1Answer a. I, II and IV only. b. I, II, III and IV. c. II, III and IV only. d. I, II, and III only.What is the meaning of the auditing standard that requires the auditor be independent?(1) The auditor must be without bias with respect to the client under audit.(2) The auditor must adopt a critical attitude during the audit.(3) The auditor’s sole obligation is to third parties.(4) The auditor may have a direct ownership interest in the client’s business if it isnot material.Copyright registration helpsthe author protect his form of writing from violation. False True
- QuestionsT/F: Each contract should cover a singular promise and if multiple promises are involved, multiple contracts should be createdT/F: Boris sky dives out of a plane and gets hung up in a tree, hopelessly suspended and swinging precariously in his parachute from the branches of the tree. Natasha sees that be is in trouble and comes to his rescue. Once Boris is safely on the ground, he gratefully promises to give Natasha half of his life savings account. When he changes his mind, Natasha will probably be unsuccessful in enforcing his promiseT/F: Most oral agreements will be enforceable as contracts by courtsT/F: An option contract has to do with a contract that gives one of the parties a choice of consideration to acceptT/F: Duress must be based on a physical threat and not an economic oneT/F: An option contract refers to the choices that one has when entering into a contractT/F: Larry has had a few beers and is starting to get a bit drunk. He isn't acting strange and…There is no federal statute of frauds. True FalseHarris is retained by legal counsel to provide an opinion involving specialized knowledge in the accounting field for a jury trial. Which of the following best describes his role? A. A fact witness. B. A consulting expert. C. A non-adversarial witness. D. An expert witness.
- If a director disagrees on an issue at a board of directors' meeting he or she should have his or her vote specifically placed in the minutes of the board meeting to prevent a later challenge that he/she violated his/her duty of loyalty. Select one: True False.Part 1. Eric has applied for the position of a reservations clerk in your hotel. The individual has no experience, but he types quickly and accurately and has good listening skills as well as a pleasant speaking voice. Eric has very limited eyesight. He is considered to be "legally blind" and is covered by ADA. Discuss ways in which management in your hotel could accommodate Eric's disability with or without a reasonable accommodation.A tort is a breach of a contractual agreement Select one: True False Clear my choice O O
- During an embezzlement trial, the plaintiff’s attorney is performing a direct examination of a witness. The attorney asks the witness, “What happened when you asked your supervisor what they knew about the incident?” The witness replies, “my supervisor said that Mr. Smith had embezzled money from the company.” Smith is the sole defendant in the case. Which of the following is the most accurate statement concerning the witness’s response? A. The witness’s response is hearsay, but it is admissible because a hearsay exception applies. B. The witness’s response is not hearsay, and it is admissible. C. The witness’s response is not hearsay, but it is inadmissible because it is unreliable. D. The witness’s response is inadmissible hearsayDanny is furious when he discovers that his car has been repossessed by Sakan Finance in his absence, eventhough he did receive a repossession notice in his mailbox. Discuss whether Sakan Finance is entitled to act in such a manner. I need Only typing answerAs a VP for a service company in the Kansas City area, we ran trucks on both the Missouri and Kansas sides of the city. Kansas has a much higher tax on fuel than Missouri, so Jim instructed our drivers to fill up on the Missouri side when it was feasible to do so. Fuel tax goes to build and repair roads and bridges. We drive on roads in both Kansas and Missouri. Was Jim being unethical because Jim instructed our drivers to save on fuel expenses at the expense of the State of Kansas and its citizens?