“The Selective Financial Misrepresentation Hypothesis” By Lawrence Revsine The selective misrepresentation hypothesis states that management has learned that they can manipulate the perception of their entity’s financial position. This is due‚ in part‚ to the increasing complexities of business which means that financial reporting is no longer based on direct observation of events but rather on summaries of these events. Additionally‚ financial reporting standards are often “arbitrary‚ complicated
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the case of misrepresentation since they serve the same purpose. However‚ they vary in both theory and practice. There are numerous perceptible differences that need to be described which include variation in definition and application of misrepresentation and cancellation of a contract. To start with‚ the term misrepresentation is defined by the UAE law differently than the English law. According to article 185 of the Civil Code‚ UAE defines misrepresentation as “Misrepresentation is when one
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Heather Eggert 1.) Lawrence never received formal military training‚ but he achieved the rank of Colonel in the British Army. Discuss how he achieved the rank and compare his training to yours. Thomas Edward Lawrence is a scholar graduate of Oxford University. There‚ he obtained his degree in archaeologist. About 4 years before the war started‚ T.E. Lawrence was on an archaeological dig in Northern Syria. This gave him a huge background and understanding in Arab culture and tribal structure
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Minsky’s ‘financial instability hypothesis’ provide a useful explanation of the global financial crisis? Does it suggest possible policy action to respond to or prevent crisis? The striking expansion of international finance and increased interdependence has risen the role of volatility in financial system and following the threats of a financial crisis. This paper seeks to provide Minsky’s explanation of current crisis. It addresses the question “to what extent Minsky’s ‘financial instability
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Misrepresentation Misrepresentation is a concept in contract law referring to a false statement of fact made by one party to another party‚ which has the effect of inducing that party into the contract. For example‚ under certain circumstances‚ false statements or promises made by a seller of goods regarding the quality or nature of the product that the seller has may constitute misrepresentation. A finding of misrepresentation allows for a remedy of rescission and sometimes damages depending on
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CHAPTER EIGHT MISREPRESENTATION A misrepresentation is an untrue statement‚ which induces the other party to enter into the contract. A misrepresentation may be fraudulent‚ negligent misstatement‚ or wholly innocent. The applicable remedy depends on the nature of the misrepresentation. In order for a representation to amount to an actionable misrepresentation it must be: a) false; b) one of fact as oppose to intention‚ opinion‚ or law; c) The statement must be addressed to the party who
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Ethical Misrepresentation One might argue that misrepresentation of academic credentials as demonstrated by Marilee Jones‚ the dean of admissions at the Massachusetts Institute of Technology (Lewin‚ 2007) and a lie are not the same thing. She knowingly falsified information and suppressed it for several years; this is an ethical misrepresentation of epic proportions. When people misrepresent skill sets or academic accomplishments to achieve certain goals‚ they chose to play an ethical game of
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In a December 28‚ 2016‚ Minnesota Supreme Court Ruled that an employer can deny a former employee unemployment benefits if their termination resulted from a misrepresentation on their job application. In a MPR News article‚ Bob Collins recounts the story of Nina Wilson‚ a woman who worked at a mortgage services company before she was fired for lying about her educational level. After five months of employment‚ the company issued a background check of Wilson and found no evidence that she had ever
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Communication skills | An Outline of workshop | Muhammad Abdullah 116Irfan shakoor 119 Muhammad Nawaz 120Qurban Rafiq 121 Muhammad Zulqarnain Asab 123 | | | Lesson plan Course title: Communication skills Lesson time: 90 Minute Learning objectives:
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Educating Students With Selective Mutism Mollie Culmone Abstract Selective Mutism is not a disorder that can be immediately diagnosed‚ but it is better to catch it at an early age. It is usually misdiagnosed or brushed off as a child being “shy”. Parents‚ teachers and society alike have seen the characteristics in these children and unknowingly hoped that these children would just “grow out of it”. Because Selective Mutism is often misdiagnosed‚ children can go without treatment and this makes
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