In a jury trial, the judge is the trier of fact
Indicate whether the statement is true or false
FALSE
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Alternative techniques for resolving legal disputes without litigation include which of the following? I. Arbitration II. Mediation
A) I only B) II only C) both I and II D) neither I nor II
A bid that conforms to the invitation to bid is said to be _______.
a. responsible b. inexpensive c. responsive d. reliable
The auditors in the Tier One Bank case were investigated by the SEC because it:
A. Failed to obtain sufficient competent evidential matter to support audit conclusions B. Failed to exercise the appropriate level of care in its audit C. Failed to exercise the proper degree of professional skepticism D. All of the above
Jennifer has just been granted at-the-money company options on 300,000 shares. These options expire in 5 years and are exercisable after 3 years. The options are valued at $1.2 million. It is normal for her to receive annual option grants such as this. She also receives a current salary of $550,000. Why might Jennifer prefer to receive a straight annual salary of $1.5 million rather than this salary and option combination?
What will be an ideal response?