A power of attorney is usually limited to a specific context, such as negotiating a deal with a buyer
Indicate whether the statement is true or false
T
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According to ________, only the party who contracted for the accountant's work may sue
A) the Ultramares Doctrine B) Section 552 of the Restatement (Second) of Torts C) the reasonably foreseeable user rule D) market share theory
Today, most courts recognize a cause of action for breach of a promise to marry
Indicate whether the statement is true or false
On January 1, Year 1, Rickson Corporation purchased 7,500 shares of AutoTech as an equity method investment for a total of $235,000. The 7,500 shares represent 30% of the outstanding (25,000) shares of AutoTech. Prepare the journal entries for Rickson to record the following transactions and events:Dec. 31, Year 1:AutoTech reported net income of $66,000 for Year 2.Feb. 1, Year 2:Sold 1,875 of the AutoTech shares for $33 per share. ??Nov. 1, Year 2:Rickson received a $0.90 per share cash dividend from AutoTech.Dec. 31, Year 2:AutoTech reported net loss of $46,000 for Year 2.
What will be an ideal response?
It is mandatory for both the employer and employee to pay ________
A) FICA B) SUTA C) employee income tax D) federal unemployment tax