I believe it is false. Hope it helps!
<u>Answer:
</u>
We can apply some of the similar trends in classical civilizations to the historical experience of people of Teotihuacan to a limited extent as the similarity among the two was found in only the disciplines of politics and trade and commerce.
<u>Explanation:
</u>
- The administration in the ancient Teotihuacan society was sound and solid as the politics in the region was based on the idea of development.
- The methodology of trade and commerce used by the Teotihuacan people and some nuances of their trade matched with that of classical civilizations.
More and more people moved westward to claim lands that were
once inhabited by Native Americans. This
was encouraged by the government. This
also led to several conflicts with Indians that would later lead to a war
between the Indians and U.S. army. In
the end, the west was completely settled completing the U.S. expansion to that
area.
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.
The Zaque dynasty replaced the Aksum.
