Compare and contrast the intent necessary to commit a tort to the intent necessary to commit a crime
Criminal intent or mens rea is the mental element of a crime. Most common law and some statutory crimes require subjective fault, which may be purposeful, knowing, or reckless. Other crimes require a lesser degree of mental fault called objective fault, which might be carelessness or negligence. Many regulatory criminal statutes have totally dispensed with the mental element of a crime. Criminal intent without an overt act is not a crime. Intent, as used in tort law, does not require a hostile or evil motive. It means that the actor desires to cause the consequences of his act or that he believes that the consequences are substantially certain to result from it.
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Global marketing does not necessarily mean operating everywhere since there are forces affecting global integration and global marketing. Justify this statement using examples based on the world economic trends
What will be an ideal response?
What flat-file data management problems are solved as a result of using the database concept?
Purchases and sales of long-term investments for the period should be netted for disclosure in the investing activities section of the statement of cash flows
Indicate whether the statement is true or false
Which of the following is not a true statement regarding comprehensive income tax allocation?
a. Tax allocation is made necessary by the timing differences between when an item reaches the income statement and when it appears on the tax return. b. The difference between the income tax expense and the income tax liability numbers appears on the income statement. c. When timing differences arise, tax allocation must take place, despite the possibility of relevant circumstantial differences. d. Permanent differences between financial statements and tax returns are not subject to the allocation process.