What is the legal effect of a contract that is injurious to public service?
What will be an ideal response?
The public interest is best served when public officials fully and faithfully perform their duties. It should come as no surprise, then, that agreements that induce public servants to deviate from their duties are illegal. For example, agreements to pay public employees more or less than their lawful salary are unlawful. Agreements that create a conflict between a public employee's personal interests and public duties are also illegal. A good example of this kind of case would be an agreement between a state highway department employee and a real estate speculator who pays the public employee for advance notice of the planned routes of new highway construction. Agreements to pay public servants to influence their decision making are also illegal.
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A $50,000 bond issue with a carrying value of $47,000 is called at 102 and retired. The entry to record the retirement of bonds is:
A) Bonds Payable 50,000 Loss on Retirementof Bonds 4,000Unamortized BondDiscount 3,000Cash 51,000 B) Bonds Payable 47,000 Cash 51,000 C) Bonds Payable 50,000 Gain on Retirementof Bonds 3,000Cash 47,000 D) Bonds Payable 50,000 Loss on Retirementof Bonds 1,000Cash 51,000
What types of information should entrepreneurs seek out before deciding on which foreign market to enter?
What will be an ideal response?
After an accident with a vehicle licensed to Guardian Security Company, Heidi signs a covenant not to sue Guardian Security for damages in a tort action if it pays for the damage to her car. This covenant is A) a bar to recovery if Guardian Security pays
B) anaccord and satisfaction. C) ?barred by the preexisting duty rule. D) barred by the doctrine of promissory estoppel.
________ is used when a host device is connected to a network for the first time or when a diskless computer is powered up
A) PRRA B) ARRP C) RARP D) RRPA