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garri49 [273]
3 years ago
5

What ethics "Rule"does it break?

Business
1 answer:
AysviL [449]3 years ago
7 0

The breaking of rules is violation of law. The legal right does not comes under the law if anybody has the right to break the law.

Explanation:

A Rule is a statement that denotes about what a person should do or not to do in a specific situation. It clarifies demarcates or interprets a law or policy.Rule is a principle or standard that serves as a norm for guiding an action.

The rules for professional ethics are do not enter into attorney client relationship, do not negotiate fees with the client and do not give legal advice.

The people break the laws and takes high risk because of their less self control.

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Suppose a local bank increases the fees they charge for their bank accounts by 2020 percent. In​ response, the demand for their
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Explanation:

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3 years ago
If a person wants to start a business but limit the amount of liability he is responsible for, a _____________ would be most app
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He is responsible for a sole partnership
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3 years ago
Richards Corporation had net income of $250,000 and paid dividends to common stockholders of $50,000. It had 50,000 shares of co
Scilla [17]

Answer:

Option (d) 7 times

Explanation:

Data provided in the question:

Net income = $250,000

Dividends paid to common stockholders = $50,000

Common stock outstanding = 50,000

Selling price of the common stocks = $35

Now,

The price-earnings ratio is calculated as:

⇒ ( Stock price ) ÷ ( Earnings per share )

also,

Earnings per share = ( Net income ) ÷ ( common stock outstanding )

= $250,000 ÷ 50,000

= $5

or

Price-earnings ratio = $35 ÷ $5

or

Price-earnings ratio = 7 times

Option (d) 7 times

4 0
3 years ago
The chapter identifies three governing mechanisms for strategic alliances: non-equity, equity, and joint venture. List the benef
Paul [167]

A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence.

The agreement is less complex and less binding than a joint venture, in which two businesses pool resources to create a separate business entity.

<h3>What is Joint Venture?</h3>

A joint venture is a child company of two parent companies.

It’s maintained by sharing resources and equity with a binding agreement. Whether it’s formed for a specific purpose or an ongoing strategy, a joint venture has a clear objective, and profits are split between the two companies.

<h3>What is Non – Equity Strategic Alliance?</h3>

In a non-equity strategic alliance, organizations create an agreement to share resources without creating a separate entity or sharing equity.

Non-equity alliances are often more loose and informal than a partnership involving equity. These make up the vast majority of business alliances.

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3 0
2 years ago
Blake Company has $15,000 cash at the beginning of June and anticipates $50,000 in cash receipts and $34, 500 in cash disburseme
rodikova [14]

Answer:

balance of the loan  = $4500

correct option is d. $4, 500

Explanation:

given data

cash at the beginning = $15,000

cash receipts = $50,000

cash disbursements = $34, 500

minimum cash balance = $10,000

maintains = $20,000

company owes = $15,000

to find out

balance of the loan

solution

we get here first excess that is

excess = $15,000 + $50,000 - $34, 500

excess = $30500

so used to loan replay will be here as

used to loan replay  = $30500 - $20,000

used to loan replay  = $10500

so balance of loan will be here

balance of the loan  = $15,000 - $10500

balance of the loan  = $4500

correct option is d. $4, 500

6 0
4 years ago
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