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Eddi Din [679]
3 years ago
10

International Turtle Trap Manufacturing Corporation's side payments to government officials in exchange for favorable business c

ontracts in foreign countries are considered, in the United States,
A. True
B. False
Business
1 answer:
Sindrei [870]3 years ago
3 0

Answer: THEY ARE CONSIDERED IN THE UNITED STATES AS ILLEGAL AND UNETHICAL.

Explanation: The side payment for favorable business contracts in foreign countries made by International Turtle Trap Manufacturing Corporation is an ILLEGAL AND UNETHICAL ACT, which is punishable under the Constitution of the United States of America and most other developed countries of the world.

Side payments are payments made outside the recommended payments as stated or listed in the terms of agreement in order to subvert justice and Due process in the execution of tasks or contracts.

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Which one of the following is NOT a fiduciary duty required of an agent? Disclosure Care Confidentiality Accounting Obedience Co
-Dominant- [34]

A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.

A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).

Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .

fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.

Learn more about fiduciary  here:brainly.com/question/17080270

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5 0
2 years ago
Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all
shusha [124]

Answer:

The predetermined overhead rate for each activity.

Activities: Initial concept formation  $42,200;

Cost Drivers: Number of project changes

Expected Use of Cost Driver/Activity =  15

Predetermined overhead rate for activity = Overhead/Cost Driver=  42,200/ 15= $2813

Activities: Design $556,000;

Cost Drivers :Square feet

Expected Use of Cost Driver/Activity  = 38,000

Predetermined overhead rate for activity =Overhead/Cost Driver= 556,000/ 38,000 =$ 14.63

Activities: Construction oversight  $124,200.

Cost Drivers: Number of months

Expected Use of Cost Driver/Activity= 105

Predetermined overhead rate for activity = Overhead/Cost Driver= 124,220/ 105 = 1183.04

5 0
3 years ago
(a) Graphically show & explain how carpooling may eliminate the shortage.
balu736 [363]

Answer:Graphically show & explain how carpooling may eliminate the shortage.

Explanation:

4 0
3 years ago
Kingsbury Manufacturing has net sales revenue of $850,000, cost of goods sold of $344,600, and all other expenses of $328,300. T
gladu [14]

Answer:

56.46%

Explanation:

The computation of the gross profit percentage is shown below

Gross profit percentage is

= (Sales - cost of goods sold) ÷ (Sales) × 100

where,

Sales is $850,000

And, the cost of goods sold is $344,600

Now placing these values to the above formula

So, the gross profit percentage is

= ($850,000 - $344,600) ÷ ($850,000) × 100

= $505,400  ÷ $850,000 × 100

= 56.46%

8 0
3 years ago
Evaluating whether or not to go forward with the preparation of a proposal is referred to as the __________.
timofeeve [1]

A. Bid/no bid decision

A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.

8 0
4 years ago
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