Dakota Energy Company employs Evan to negotiate the purchase of mineral rights for future mining projects. Evan secretly buys some of the property and sells it to Dakota at a profit. Evan has breached
A) no duty
B) the agent's duty of accounting.
C) the agent's duty of loyalty.
D) the principal's duty of compensation.
C
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Which of the following is the first step in looking for e-business fraud?
a. Identify the frauds that can occur in the type of business being investigated. b. Determine the symptoms of e-business fraud within the business being investigated. c. Gain an understanding of the business being investigated. d. Investigate any anomalies observed within the business being investigated.
If the selling price and the variable cost per unit both increase 10 percent and fixed costs do not change, what is the effect on the contribution margin per unit and the contribution margin ratio?
a. Contribution margin per unit and the contribution margin ratio both remain unchanged. b. Contribution margin per unit and the contribution margin ratio both increase. c. Contribution margin per unit increases and the contribution margin ratio decreases. d. Contribution margin per unit increases and the contribution ratio remains unchanged.
If neither the old nor the new ways are working properly, this stage of transition is present:
a. Endings b. Neutral zone c. New beginnings d. Future
Martin is trying to decide which one of the following bonds he should purchase. All the bonds have the same maturity date and all have approximately the same level of risk. The general level of interest rates is declining
Martin is in the 33 percent federal income tax bracket and the 6 percent state income tax bracket. The municipal bonds are from his home state. Which bond should Martin purchase if he wishes to hold it for the long term? A) bond A because it has the highest yield and is unlikely to be called when rates are declining B) bond B because it has the highest after tax yield and is unlikely to be called when rates are declining C) bond C because bond D is likely to be called D) bond D because it has the highest after tax yield and is unlikely to be called when rates are declining