Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale. To find: The extent of J’s representation and the liability of H for the misrepresentations made by J.

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Ans general accounting question solution

Answer 1

Question

Chapter 19, Problem 9BCP

(a)

Summary Introduction

Case summary: Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale.

To find:The extent of J’s representation and the liability of H for the misrepresentations made by J.

(b)

Summary Introduction

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

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Answer 2

Question

Chapter 19, Problem 9BCP

(a)

Summary Introduction

Case summary: Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale.

To find:The extent of J’s representation and the liability of H for the misrepresentations made by J.

(b)

Summary Introduction

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

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Answer 3

Question

Chapter 19, Problem 9BCP

(a)

Summary Introduction

Case summary: Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale.

To find:The extent of J’s representation and the liability of H for the misrepresentations made by J.

(b)

Summary Introduction

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

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Answer 4

Question

Chapter 19, Problem 9BCP

(a)

Summary Introduction

Case summary: Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale.

To find:The extent of J’s representation and the liability of H for the misrepresentations made by J.

(b)

Summary Introduction

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

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Answer 5

Chapter 19, Problem 9BCP

(a)

Summary Introduction

Case summary: Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale.

To find:The extent of J’s representation and the liability of H for the misrepresentations made by J.

(b)

Summary Introduction

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

Answer 6

Chapter 19, Problem 9BCP

(a)

Summary Introduction

Case summary: Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale.

To find:The extent of J’s representation and the liability of H for the misrepresentations made by J.

Answer 7

Chapter 19, Problem 9BCP

(a)

Summary Introduction

Case summary: Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale.

To find:The extent of J’s representation and the liability of H for the misrepresentations made by J.

Answer 8

(b)

Summary Introduction

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

Answer 9

(b)

Summary Introduction

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

Answer 10

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Answer 21

Ch. 19 - Prob. 1RE Ch. 19 - Prob. 2RE Ch. 19 - Prob. 3RE Ch. 19 - Prob. 4RE Ch. 19 - Prob. 1IS Ch. 19 - Prob. 2IS Ch. 19 - Prob. 1BS Ch. 19 - Prob. 2BS Ch. 19 - Prob. 3BCP Ch. 19 - Prob. 4BCP

Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale. To find: The extent of J’s representation and the liability of H for the misrepresentations made by J.

Concept explainers

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.

Chapter 19 Solutions

Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after one year of sale. To find: The extent of J’s representation and the liability of H for the misrepresentations made by J.

Concept explainers

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale. To find: Ethical basis for imposing vicarious liability on principle.

Chapter 19 Solutions

Case summary:Person T brought a suit for fraudulent representation against person J and company HT. T had bought 3 properties on the suggestion of J but some work was still incomplete after 1 year of sale.

To find: Ethical basis for imposing vicarious liability on principle.