If a U.S. company purchases goods from a British supplier for a fixed number of U.S. dollars, an exchange gain or loss would not arise for the U.S. company, even if the exchange rate has changed between the time of purchase and the time of payment
Indicate whether the statement is true or false
True
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Racer Corp. acquired all of the common stock of Tangiers Co. in 2016. Tangiers maintained its incorporation. Which of Racer's account balances would vary between the equity method and the initial value method?
A. Investment in Tangiers Co., Equity in Subsidiary Earnings, and Retained Earnings. B. Expenses, Investment in Tangiers Co., and Equity in Subsidiary Earnings. C. Goodwill, Investment in Tangiers Co., and Retained Earnings. D. Expenses, Goodwill, and Investment in Tangiers Co. E. Common Stock, Goodwill, and Investment in Tangiers Co.
Match the following laws and legal doctrines to the descriptions
1. Railway Labor Act (1926) 2. National Labor Relations Act (1935) 3. Conspiracy doctrine (pre-1842) 4. Commonwealth vs. Hunt (1842) 5. National Industrial Recovery 6. Landrum-Griffin Act (1959) a. Established that both the means used and the ends to which unions worked were illegal in the eyes of the law. b. Established unions as a legitimate means of achieving collective goals through bargaining; established the duty for employers to bargain in good faith with a duly elected representative of the employees. c. Established procedures for government oversight of union financial dealings and internal affairs. d. Established that unions as collectives of working people were legitimate organizations as long as they did not engage in illegal activities to obtain their goals e. First piece of legislation to establish unionization and collective bargaining rights for the private sector although did not require employers to bargain with unions. f. Provided for collective bargaining through unions in the transportation industry. The first piece of legislation to give unions both the right to exist and the right to bargain collectively with employers.
Zhen does not like change much and empowers his employees to make their own decisions. Which strategic leadership type is he?
a. High-control innovator b. Participative innovator c. Status quo guardian d. Process manager
Please explain how the protection provided by the work product rule can be invoked to cover the legal assistant’s work.
What will be an ideal response?