If the object of a contract becomes illegal after the contract is entered into, the parties are discharged from the contract
Indicate whether the statement is true or false
TRUE
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When performing an audit of internal control under PCAOB requirements, auditors evaluate control: Design EffectivenessOperating EffectivenessA.YesYesB.YesNoC.NoYesD.NoNo
A. Option A B. Option B C. Option C D. Option D
Which of the following guidelines for online communication is least likely to protect both you and your employer from problems?
A) In your message, you identify yourself as a company employee but add "my opinion only" to messages and posts. B) You don't cite or reference customers or suppliers without their prior approval. C) You avoid sharing proprietary company information about products or strategies with anyone outside of the company. D) You don't insult or disparage your employer or any specific employee, even if specific names are not mentioned. E) You avoid doing anything online that would not be acceptable in a face-to-face situation in your workplace.
Turtle World orders 200 small sea turtles from Reptile World. After the sea turtles had been identified to the contract but before the risk of loss had passed to Turtle World, the turtles were released into the ocean by a militant animal rights group who broke into Reptile World to set the animals free. Under this scenario
a. Turtle World cannot successfully sue because the contract is void. b. Turtle World can cover, then win a judgment against Reptile World for the difference between the contract price and the cover price, plus incidental and consequential damages, minus expenses saved. c. Turtle World can successfully sue for specific performance because sea turtles are everywhere. d. Turtle World is entitled to a judgment for compensatory damages, but not consequential damages.
Attorney Jimmy Blue represented the plaintiff in a contract dispute that was nearing trial. To encourage a compromise, Blue e-mailed the defendant, Christina Tapia, instead of contacting Tapia's attorney. Blue told Tapia that $12,500 would be a fair settlement for the case and indeed Blue did believe it would be. Blue has acted ethically
Indicate whether the statement is true or false