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kherson [118]
2 years ago
9

When courts find accountants liable for constructive fraud, the implication is that:______.

Business
1 answer:
barxatty [35]2 years ago
7 0

Even if they were unaware of the fraud, accountants may be held accountable for it.

<h3>How does constructive fraud work?</h3>

A legal fable known as "constructive fraud" describes a circumstance in which a person or organization obtained an unfair advantage over another using dishonest or unjust means. As opposed to true fraud, no proof of intent is required. The failure to inform clients of product flaws is one example of unfair practices.

The elements are:

1) a duty owed by the party to be charged to the complaining party due to their relationship;

2) violation of that duty by making deceptive material misrepresentations of past or current facts or remaining silent when a duty to speak exists; and

3) reliance on such statements by the complaining party.

To know more about fraud visit:

https://brainly.in/question/51948586

#SPJ4

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There is more than one reason, but there are two main things they are looking at.  They need to see if you are paying on time.  The payment history will show if you get behind or not.  And because a utility bill is similar to a loan payment, because you have to pay it or you lose your services, they see how responsible you are by checking that.  The second major reason they do this is to see what your debt is already.  They want to make sure you can afford, with all your bills, to pay them back. 
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Other things the same, an increase in the budget deficit a. shifts the demand for loanable funds right, so the interest rate ris
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D

Explanation:

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Golden Corral

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3 years ago
What are the four major categories of​ expenditure?
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8 0
4 years ago
Suppose that in the fictional country of Albireo the work-eligible population is 180 million, there are 110 million workers in t
maksim [4K]

Answer:

6.36 %

Explanation:

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In the case of Albireo, the work-eligible population is 180 million.

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The number of unemployed people  = 7 million

The formula for calculating the rate of unemployment

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