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.
John and Joe, identical twins reared together, both complete the NEO, a personality test based on the Big Five theory of personality. They are no more alike than siblings.
Explanation:
Identical features of twins are more likely same to each other in respect of physical and psychological. Openness to experience is one of the criteria to judge human personality. Six different dimensions are included in it namely
- active imagination,
- aesthetic sensitivity,
- attentiveness to inner feelings,
- preference for variety and
- intellectual curiosity.
All these factors are inter correlated. Its a combined cluster of traits, tendency and personality which represent openness.
In case of twins this openness to experience or personality traits are more or less same.
Answer:
The carnival is most likely to win because it does not have the obligation of protecting a customer from something that they did not do and could not foresee.
Explanation:
As the robbery is an event that has not occurred before at the carnival, the carnival's owner could not foresee it, nor has the owner knowledge of this robbery taking place. So the business does not have the duty of protecting their clients from external things, in other words, from third parties, mostly when they could not predict it. For these reasons, the carnival has a higher probability of winning the case.
Thomas Jefferson intend the colonists to get motivated to join the army and fight the British Colonies, after hearing the Declaration of Independence read out aloud.
The answer is approximately 90%.
Members of house incumbents usually really well known among the people and had many donators that backed them for their campaign.
This situation make them thrive during the re-election and improve their winning rate dramatically.
