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IgorC [24]
4 years ago
14

What is “a highly unreasonable omission or misrepresentation involving an extreme departure from the standards of ordinary care

that a practitioner should observe under the circumstances”?
Business
1 answer:
Tatiana [17]4 years ago
6 0
The correct answer is reckless conduct.
Reckless conduct is the term which refers to someone's actions which deviate from what was prescribed. So, when someone does something they were not supposed to do or fails to do something they were supposed to do, that will count as reckless conduct or behavior.
You might be interested in
Reasons for the formation of partnership
Mkey [24]
More money, bring more skills, one person isn't reliable for the entire business
4 0
4 years ago
Kaiwan, Inc., a calendar year S corporation, is partly owned by Sharrod, whose beginning stock basis is $107,500. During the yea
Anton [14]

Answer: a)$59,125 (loss)

b) $5,913 (loss)

c) $0

Explanation:

a. In calculating Sharrod's deductible loss, we can use the following formula,

= Beginning Stock + Long Term Capital Gain - Cash distribution

Calculated that would be,

= 107,500 + 16,125 - 64,500

= $59,125

Sharrod's deductible loss is $59,125

b. For Sharrod's suspended loss, the formula we will use is like in a but with an added subtraction.

= Beginning Stock + Long Term Capital Gain - Cash distribution - ordinary loss

= 107,500 + 16,125 - 64,500 - 65,038

= -$5,913

Sharrod's suspended loss is therefore $5,913

c) Sharrod's new basis is now therefore 0.

If you need any more information, do comment. Cheers.

8 0
4 years ago
Which of the following is correct regarding expectancy theory? Group of answer choices Effort is only useful in improving motiva
madam [21]

"An effort is only useful in improving motivation levels in employees with specialized jobs" is correct regarding expectancy theory.

<h3>What is expectancy theory?</h3>

Victor Vroom of the Yale School of Management put forth the expectation hypothesis in 1964. According to the expectation theory, a person's motivation is determined by their level of desire for a reward, their assessment of the likelihood that their efforts will result in the expected performance (Expectancy), and their conviction that their efforts will pay off once they meet their expectations (Instrumentality).

Expectancy is the conviction that stronger efforts will yield better results. Expectations are affected by things like having the necessary skills to do the job, having access to the resources you need, being able to receive the information you need, and receiving the necessary support to get the task done.

Learn more about expectancy theory here:

brainly.com/question/12982959

#SPJ4

5 0
2 years ago
Mr. Smith has an income of $40,000 this year and $60,000 next year. He can invest in a project that costs $30,000 this year, whi
____ [38]

Answer:

"$52,000" is the correct answer.

Explanation:

Given:

This year income,

= $40,000

Next year income,

= $60,000

Market interest rate,

= 10%

or,

= 0.1

Now,

The next year consumption will be:

= [40,000 - 30,000 - 50,000]\times 1.1 + (60,000 + 36,000)

= -40,000\times 1.1+96000

= -44000+96000

= 52000 ($)

8 0
3 years ago
Scenario: Economic hardship has befallen the country after a world war in the year 2055. Thankfully, we are victors. However the
Aloiza [94]

Answer:

I RLLY NEED THESE POINTS IM SO SORRY!

Explanation:

8 0
3 years ago
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