1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kykrilka [37]
3 years ago
8

g McGuire was an employee of First National Bank of Grayson (FNBG). FNBG participated in a Kentucky Housing Corporation (KHC) pr

ogram in which KHC loaned money to financial institutions. The institutions would then make low-interest loans to low-income individuals who qualified for purchase of a home. FNBG received the funds and produced bogus paperwork for 80 loans but never loaned the money. Instead, they invested the money at a high rate of interest. Eventually the money was returned to KHC, but McGuire was charged with making false records and fraud. Can McGuire, as an employee, be held liable?
Business
1 answer:
Crazy boy [7]3 years ago
6 0

Answer:

The court concluded truthfully, as he had done all the analysis and acknowledged the documentation and investment purposes.

The program scammed funds which might have been used for small-income housing by the government agency.

<em>United States v. McGuire, 744 F.2d 1197 (Cir. 11, 1984).</em>

You might be interested in
Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is u
joja [24]

Desire-based advertising is used to drive people to purchase items based on a desire for it.  An example for desire-based advertising is to draw people in to a store based on a sale of an item that they desire. A fear-based advertisment can be for insurance. They advertise against the "what ifs" and "what could happen" if you do not hold car insurance and end up needing it.

3 0
3 years ago
What are steps through a civil case?
hoa [83]

In the district courts there are... pleadings, motions, scheduling conference and order, discovery, pretrial conference and order, trial, and appeal. A plaintiff commences a civil case by filing a complaint with the court

3 0
3 years ago
A substantial revision of the income tax code that made business and personal tax returns much easier to complete would tend to
finlep [7]

Answer:

c. a decrease in the wage rate of accountants

Explanation:

As a result of the revision that makes personal tax returns much easier to complete, people would no longer need the services of accountants to calculate their tax returns. As a result, the demand for accountants would fall, all other things remaining equal.

The fall in demand would lead to a fall in wage rate of accountants

Please check the attached image for a graph explaining this concept

6 0
3 years ago
Which employees typically work in an office environment within schools? Check all that apply.
LekaFEV [45]

Answer:

b. School Secretary

e. Librarian

f. Teacher

Explanation:

A school secretary, Librarian, and the teacher are full-time employees in a school. They spend most of their day in school and have offices within the school environment.

School Psychologist, Instructional Designer, and tutor work a few hours in a school. They are unlikely to have offices in the school.

5 0
3 years ago
Read 2 more answers
Briefly explain 3 arguments for and 3 against a national minimum wage.​
serious [3.7K]

FOR:

  • increased income for workers
  • more workers attracted to the workforce
  • less strain on federal resources for those in poverty

Against

  • more costly for businesses
  • possible unemployment due to job automation
  • higher prices for consumers.

Here are some basic arguments. You will need to explain these a bit more for your assignment though.

7 0
3 years ago
Other questions:
  • For Sheridan Company, sales is $1200000, fixed expenses are $340000, and the contribution margin ratio is 36%. What is net incom
    5·1 answer
  • 2 2 user: the cost to mail a package is $7 for the first 2 pounds and 30 cents for each additional ounce. which of the following
    7·1 answer
  • The price of coffee rose sharply last month, while the quantity sold remained the same. five people suggest various explanations
    10·2 answers
  • What are the period and vertical shift of the cosecant function below? period: ; vertical shift: 1 unit up period: ; vertical sh
    15·2 answers
  • Why are jellyfish so jellyish
    13·1 answer
  • Consider a hypothetical closed economy in which households spend $0.70 of each additional dollar they earn and save the remainin
    7·1 answer
  • (3-5 sentences): Suggestions for potential solutions (how to ensure an Economic crisis like this does not happen again):
    8·1 answer
  • The following selected transaction were completed by gourmet company during January of the current year:
    10·1 answer
  • Hsu Company reported the following on its income statement:
    7·1 answer
  • Draft an inquiry letter for purchase of 10 units of IBM P4 computers and 2 units of Lx 300 Epson printers to Kathmandu Computers
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!