auditor-client relationships may not be very beneficial. For example‚ some have shown that shorter auditor tenure is related to a higher amount of errors and thus‚ low quality audits. Also‚ one study from 2004 by Carcello and Nagy has shown that fraudulent reports are more likely
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Accountant assuming he made statements. Yes‚ if not. No. Ah beng will receive compensation for his loss. ALTERNATIVE Misrepresentaton. False Statement Made during negotiation that induces one into contract Geologist is dishonest and fraudulent misrepresentation.
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Outline 3 Intellectual Property Intellectual property patents‚ copyrights‚ trademarks‚ and trade secrets. Federal and State laws protect intellectual property rights from misappropriation and infringement. Trade Secret is a product formula‚ pattern‚ design‚ and compilation of data‚ customer list‚ or other business secret. Reverse Engineering a competitor who has reverse engineered a trade secret can use the trade secret but not the trademarked name used by the original creator of the secret
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Introduction Advertising is used to promote goods‚ services‚ images‚ and anything else that advertisers want to publicize. It is becoming a major part of mass media. At times we may view it positively‚ at other times we may just neglect or ignore it. In order to attract audiences‚ advertisers use various techniques on their advertisements to make people aware of the firm ’s products‚ services or brands. Although the methods used by advertisers are infinitely‚ they have a common goal to persuade
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Ethical problems in providing services to the customer In the process of providing services to the customer where many unethical practices occur‚ misrepresentation and over persuasion are the most common practice It also occur in 4 major areas a) While providing service to the customer b) How members of a business organization fulfil their duties and responsibilities c) How competitors treat each other d) Providing a price fair to the manufacturer‚ seller and buyer. Problems in providing
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Differences in Ethical‚ Legal‚ and Regulatory Issues in Business-to-Business and Business-to-Consumer Web Sites Like traditional brick-and-mortar establishments‚ business-to-business (B2B) and business-to-consumer (B2C) Web sites face ethical‚ legal‚ and regulatory concerns. Although both B2B and B2C sites share similarities in web-based jurisdictional issues and general ethical considerations‚ each site has its own specific concerns due to the end-user relationship of the consumer versus business
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Identity theft is a serious problem that has been happening for a very long period of time. In America there are over 9 million victims of identity theft that takes place every year. Research shows Nine out of ten American homeowners have concerns about becoming victims of identity theft. This is the most rapid growing type of fraud in the country‚ yet virtually two-thirds are hesitant whether their insurance policy is able to protect them financially if this crime were to occur. A vast proportion
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Ambassador Agreement 1 of 5 http://my.forladiesonlyparty.com/printable_agreement.php For Ladies Only Party‚ Inc. Independent Romance Ambassador Agreement This Agreement is made between the perspective Independent Romance Ambassador (henceforth known as the "Ambassador")‚ whose signature‚ name and address appear on this Agreement and the authorized independent For Ladies Only Party‚ Inc. representative (known as "Authorized Representative"). All parties hereby acknowledge and agree that
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Rotterdam Institute of Private Law Accepted Paper Series FROM FREEDOM OF CONTRACT TO FORCING PARTIES TO AGREEMENT R.J.P. Kottenhagen• Published in From Freedom of Contract to Forcing Parties to Agreement. On the Consequences of Breaking Off Negotiations in different Legal Systems‚ 12 Ius Gentium‚ Journal of the University of Baltimore Center for International and Comparative Law 2006‚ 61 – 95 • Associate Professor of Law Erasmus University Rotterdam . 1 FROM FREEDOM OF CONTRACT TO FORCING
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cause of promise is consideration. Without consideration contract is void. For an example‚ A agrees to sell a house to B at $400‚000. B also agrees to pay $400‚000 for the house. This $400‚000 is consideration. Consideration is unlawful when: It is fraudulent; forbidden by law; court may regard it as immoral; c. Capacities of parties: Every parties involved in the contract should be mentally sound and competent for the contract. Followings are the persons who are incompetent for the contract: Miner;
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