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:
Information Revolution
Explanation:
Information Revolution was a shift from the Industrial revolution that held sway in the 20th century. It was a period of robust technological advancement that saw the invention of computers and their use as sources of information dissemination on a global scale.
This revolution saw sporadic advancements in the way information could be computed, stored, exchanged, and received on a large and global scale. Technological advancements have also seen the development of tools and equipment which has enabled the rapid access of information and information resources on a wide scale over the past 50 years.
Answer:
Yes, but to different degrees. They all wanted equal rights, but the Creoles wanted to be treated as first degree citizens, the Mestizos and Mulattoes wanted the same power as whites, and the Native Americans and Africans wanted to be un-enslaved.
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The interaction-constructionist perspective focuses on the face-to-face encounters and relationships of individuals who act in awareness of one another.
<h3>Interaction-constructionist perspective</h3>
- Only human relationships and how they affect one's conduct, sense of self, and place in the universe are the main focus of the social constructionist viewpoint.
- The biological predispositions that can directly affect a person's sense of identity are not taken into account by this approach.
- Interactionism is a psychological paradigm that holds that the mind and body are two distinct entities that interact with one another. For instance, the body can imitate mental acts (such as a sporting event) when they are visualized in the mind.
- The fundamental tenet of symbolic interactionism is that people react to objects based on the meanings they associate with them.
- These connotations result from social contact.
To know more about the Interaction-constructionist perspective refer to:
brainly.com/question/14300026
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