Geothermal Power Plants
When the water reaches the surface, the pressure is dropped, which causes the water to turn into steam
Answer: Ultramares corporation v. Touche established Ultramares doctrine. Hochfelder v. Ernst & Ernst ruled that scienter is required before CPAs can be held liable.
Explanation:
All the options except the above are true. Ultramares corporation v. Touche did establish the Ultramares doctrine.
United States v. Natelli sentenced two CPAs to prison for a year, in addition to fines, for violating the Securities Exchange Act of 1934.
Bily v. Arthur Young did not uphold the restatement doctrine. The restatement doctrine restatement doctrine makes an auditor liable to people who rely on the quality of his work be they his clients or third parties. Two high courts ruled that auditors are not liable to third parties who use their work but only to the party that contracted their work.
However, Hochfelder v. Ernst & Ernst ruled that an allegation of scienter (an intention to deceive) is not required before CPAs can be held liable as long as the actions constitute actual deception.
While rule 10b-5 of the Exchange Act states the presence of scienter as a requirement to commit an offense, the court ruled against the statute by eliminating the Scienter clause from criminal statute and ruled against Ernst & Ernst.
Answer:
buisness failures
Explanation:
the stock market crashed everyone went out of buisness
His home state is Virginia, US (:
Two reason Andrew Carnegie was a "big deal" in business, was first in the way he took full advantage of vertical integration. Buying everything he needed, including railways, to run his business. He is best remembered for this method, another factor that contributed to his "big deal" is his strong-rooted belief in philanthropy. He donated roughly 90% of his wealth to charity. Going so far as to write "The Gospel of Wealth."
