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goldfiish [28.3K]
4 years ago
12

_____ is a law that requires ceos and cfos to vouch personally for the truthfulness and fairness of their firms' financial discl

osures and imposes tough new measures to deter and punish corporate and accounting fraud and corruption.
Business
1 answer:
Nikitich [7]4 years ago
3 0

The Sarbanes-Oxley Act requires both CEOs and CFOs to personally vouch for the reported financial earnings of a company. This law was passed shortly after the Enron scandal.

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g If there is a breach of contract, the objective of the remedy in the breach contract case will be to: Question 21 options: pla
Scrat [10]

Answer: place the non breaching party into the position that they would have been had the contract not been breached

Explanation:

A contract is meant to satisfy the reasons for which the contract was gone into for both parties. If one party breaches the contract, the party that did not breach should still have their reason for entering the contract satisfied because they did what they were supposed to do according to the contract.

This is why the purpose of a breach of contract remedy is to ensure that this non-breaching party does indeed get what was supposed to come to them by the contract.

7 0
3 years ago
If a local diner can sell 50 burgers per day at a price of $5 each, but must reduce the menu price to $4.95 to sell one more bur
wolverine [178]

Answer:

$2.45

Explanation:

The formula to compute the marginal revenue is shown below:

Marginal revenue = Change in total revenue ÷ Change in number of quantity sold

where,

Change in total revenue would be

50 burgers × $5 = $250

51 burgers × $4.95 = $252.45

So, the change in total revenue is

= $252.45 - $250

= $2.45

And, the change in number of quantity sold is

= 51 burgers - 50 burgers

= 1

So, the marginal revenue is

= $2.45 ÷ 1

= $2.45

4 0
3 years ago
If a 30% price increase for Product A causes a 10% decrease in its quantity demanded, but no change in the quantity demanded for
Aleks04 [339]

Answer:

The correct answer is: Zero, Option c.

Explanation:

The price elasticity of demand shows the change in the quantity demanded of a commodity due to a change in the price of the commodity.  

The cross-price elasticity is the change in the quantity demanded of a product because of a change in the price of related good.  

The cross-price elasticity is calculated by finding the ratio of proportionate change in quantity demanded and proportionate change in price.  

Cross-price elasticity in this situation will be

= \frac{\% \Delta Qy}{\% \Delta Px}

= \frac{0}{30}

= 0

The cross-price elasticity is zero. This implies that the two goods have no relation.

5 0
4 years ago
A store that sells books and a store that sells tools are what type of competitors?
Elza [17]
A. they are non competitors because they sell two different things.
8 0
4 years ago
Angela deposited her money in a credit union bank. One day, she finds that the bank deposited her paycheck to the wrong account,
stepan [7]

Answer:

The correct answer is the responsibility to notify the customers regarding the money deposited or withdrawn by which this could have been prevented if the bank were able to provide the details that the money she had deposited were safely placed on her account and not on someone else’s. So, the answer is c.

4 0
3 years ago
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