Long Term Liabilities – Bonds MULTIPLE CHOICE QUESTIONS EXERCISE 1. From the standpoint of the issuing company‚ a disadvantage of using bonds as a means of long-term financing is that a. bond interest is deductible for tax purposes. b. interest must be paid on a periodic basis regardless of earnings. c. income to stockholders may increase as a result of trading on the equity. d. the bondholders do not have voting rights. 2. If a corporation issued $3‚000‚000 in bonds which pay 5% annual interest
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BankChapter 13 - Property‚ Plant‚ and Equipment: Depreciation and Depletion Chapter 13 Property‚ Plant‚ and Equipment: Depreciation and Depletion True / False Questions 1. The auditors’ approach to the audit of property‚ plant‚ and equipment largely results from the fact that relatively few transactions occur. True False 2. A major control procedure related to plant and equipment is a budget for depreciation. True False 3. Evidence of continued ownership of property is obtained by vouching
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Descriptive Research * Recording events * DESCRIPTIVE RESEARCH: describes behaviour of organisms in natural settings * CASE STUDY: in-depth analysis of an individual‚ group‚ or event. * detail; observation‚ interview‚ tests‚ etc. * closely study rare phenomena; challenge validity of other theories; new hypotheses * does not accurately determine cause-effect; inaccurate generalization; researcher bias * RESEARCHER BIAS: lack of objectivity
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attaining the majority or knowledge of admission to the benefits of partnership firm. When the minor fails to give such notice within a period of six months‚ automatically he becomes a partner at the end of six months. The minors are having some liabilities after becoming a partner on attaining majority and he becomes personally liable for all the acts of the firm done since the date of his admission. Moreover‚ he can impliedly ratify the acts of the firm done during his minority. When it comes to
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There is no statutory definition of Intention and there is also no agreement in English Law as to the meaning of Intention. Its meaning is to be found in judicial decisions. Unfortunately there has been lack of consistency in the approach of the courts to the issue. The concept of intention and recklessness are distinct with one another. The definition of intention should not overlap with the definition of recklessness. It is generally accepted that it is central and core meaning of intention is
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Limited Liability Corporation and Partnership Paper FIN/419 Limited Liability Corporation and Partnership Paper A basic idea starts every business. When starting a business‚ a decision has to be made as to what form of business entity needs to be established. Protection and capitalization of the business must also be established‚ with the most basic question being what type of entity should be used when moving forward with the business. There are many different factors that have to be
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Criminology is the study of crime‚ criminals‚ criminal behavior‚ as well as corrections it inspects the response of crime from society and the prevention of crimes. What does Criminology include? Many do ask. Well it includes the examination of criminal evidence‚ psychological and hereditary causes of crime‚ numerous approaches of investigation of crime and conviction of offenders also the effectiveness of changing types of sentencing‚ correction and rehabilitation. A criminologist is really a
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Week Two Learning Team Reflection on Personal Liability Law/531 October 2‚ 2012 Week Two Learning Team Reflection on Personal Liability Benefits to Commerce Team C colleagues decided on the following opinions in respect to the advantages of commerce using shareholders and other entities for protection against personal liability losses. Commerce is the buying and selling of goods or services within cities‚ states‚ and globally. The legal structure of a business will establish the liable
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3.2.2 Threaten airports and governance’s liability Under radical uncertainty making airports’ governance fully responsible for potential damages seems difficult. In fact‚ their liability depends heavily of how the local and national authorities considered (or consider) the rise of seas associated to climate change. This last one depends on the convergence or the divergence of scientists’ views about a given event (here the strength and the range of the rise of the seas). Case 1: Convergent views
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INTOXICATION AS A DEFENSE AGAINST CRIMINAL LIABILITY : A COMPARATIVE ANALYSIS SUBMITTED BY: Sharad Arya Intoxication with alcohol and drugs is commonly associated
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