The first question of the Blanchard/Peale model for resolving ethical dilemmas is whether the conduct is legal

Indicate whether the statement is true or false


True

Business

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A corporation can't have an increase in deferred tax assets and an increase in deferred tax liabilities in the same year.

Answer the following statement true (T) or false (F)

Business

In Cohen v. Disner the court found that Disner was not liable on the check because he had no enforceable obligation to pay, the check was drawn by him in a representative capacity, and the holder had notice that Disner's signature was in the capacity of an agent

a. True b. False Indicate whether the statement is true or false

Business

Dot, a real estate agent, tells Elbert, a home seller, that her commission is 12 percent. Elbert agrees that Dot can sell his house but refuses to sign a contract unless the amount of the commission is reduced. After Dot sells the house, Elbert refuses to pay 12 percent. Dot is most likely to recover

A. nothing. B. on a theory of an express contract. C. on a theory of an implied contract. D. on a theory of a quasi contract.

Business

In general, money market instruments are low-risk, high-yield securities

Indicate whether the statement is true or false

Business