Professional skepticism can best be defined as having:
A. An inquiring mind and deliberate decision making
B. An inquiring mind and suspension of belief
C. Deliberate decision making and suspension of belief
D. Careful observation and virtue-based decision making
Answer: B
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Your client Ming is a complex trust that operates exclusively in the United States. Make a list of five or more tax planning opportunities that you might suggest to Ming.
What will be an ideal response?
The two cases of Bank of Montreal v. Bal and Corey Developments, deal with the application of the parol evidence rule. Which of the following best explains the different results in these cases?
A) In Corey Developments, a party was trying to get out of a guarantee. In Bal, a party was trying to avoid a warranty. B) Corey involved a greater inequality of bargaining power than the other two cases. C) The contract in Corey Developments contained an entire agreement clause, but Bal did not. D) In Corey Developments, there was very clear external evidence of representations contradicting the terms of the contract, but in Bal the plaintiff's evidence was very weak E) Corey is an older case and the parol evidence rule is now applied more strictly
A successful and widely accepted method for imparting training in organizations is to first give trainees a brief overview of the job as a whole and then divide it into portions for in-depth instruction.
Answer the following statement true (T) or false (F)
The selection of specific media from among a wide variety of alternatives is the type of LP problem known as
A) the product mix problem. B) the investment banker problem. C) the Wall Street problem. D) the portfolio selection problem. E) None of the above