Carson, who is an agent for Peter, breaches his fiduciary duty to Peter. Carson:
a. is liable to Peter for breach of contract.
b. is liable to Peter in tort for any losses caused by the breach.
c. must make restitution for any profits or property received in breach of this duty.
d. All of these are correct.
d
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If a corporation appropriates retained earnings for treasury stock transactions, the appropriation will affect total amounts for retained earnings and stockholders' equity as Total Total Retained Earnings Stockholders' Equity I. decrease decrease II. decrease no effect III. no effect no effect IV. no effect decrease ?
A) I B) II C) III D) IV
Assets purchased under a deferred payment plan should be recorded at the future value of the installment payments
Indicate whether the statement is true or false
Which of the following sections of the statement of cash flows is presented differently between the direct method and indirect method?
A) investing activities B) financing activities C) operating activities D) non-cash investing and financing activities
A small U.S. print studio uses Facebook and Pinterest to promote its stationery and other products
The regular posts and reviews from customers have attracted the attention of several companies worldwide who like to customize their office stationaries and supplies. This is an effect of__________. Fill in the blanks with correct word.