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3 years ago

Consider and discuss whether there is a conflict of interest between the executive and an agency in North Carolina.

Business

1 answer:

jekas [21]3 years ago

4 0

RULE 1.7 CONFLICT OF INTEREST: CURRENT CLIENTS

(a) Except as provided in paragraph (b), a lawyer shall not represent a client if the representation involves a concurrent conflict of interest. A concurrent conflict of interest exists if:

(1) the representation of one client will be directly adverse to another client; or

(2) the representation of one or more clients may be materially limited by the lawyer's responsibilities to another client, a former client, or a third person, or by a personal interest of the lawyer.

(b) Notwithstanding the existence of a concurrent conflict of interest under paragraph (a), a lawyer may represent a client if:

(1) the lawyer reasonably believes that the lawyer will be able to provide competent and diligent representation to each affected client;

(2) the representation is not prohibited by law;

(3) the representation does not involve the assertion of a claim by one client against another client represented by the lawyer in the same litigation or other proceeding before a tribunal; and

(4) each affected client gives informed consent, confirmed in writing.

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At March 31, the end of the first month of operations, the usual adjusting entry transferring prepaid insurance expired to an ex

babymother [125]

Answer:

A and B

Explanation:

A) income statement

insurance expense-understand net income-overstated

B) balance sheet

prepaid insurance -overstated stockholders equity -overstated

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3 years ago

According to the law of supply, price and quantity move

gayaneshka [121]

Answer:

along a track in the same direction.

Explanation:

According to the law of supply, the price of the goods increases with an increase in the quantity of the goods supplied. Similarly, the price of the goods decreases with a decrease in the quantity of the goods supplied. This means that the price and quantity are directly proportional to each other. The price and quantity will move along a track in the same direction respectively.

6 0

3 years ago

You have taken a short position in a futures contract on corn at $3.74 per bushel. Over the next 5 days (Day 1 to Day 5) the con

eimsori [14]

Answer:

Explanation:

In finance, short selling (also known as shorting or going short) is the practice of selling assets, that have been borrowed from a third party with the intention of buying identical assets back at a later date to return to the lender.

So in the given scenario the investor would be at lose of

Selling price = 3.74 per bushel

Purchase price = 3.61 per bushel

therefore lose of $ 0.13 per bushel you need to pay off.

3 0

3 years ago

In China, it is considered a norm to give carefully chosen gifts to those one is doing business with. True False

IgorC [24]

As regards the statement on giving a carefully chosen gift to those you do business with in China being a norm, this statement is <u>True</u>.

<h3>What is considered a norm in Chinese business?</h3>

The Chinese believe that when you do business with someone, you should present them with a carefully thought out and chosen gift.

This shows great respect for your business partner, and can help negotiations to go along more smoothly.

Find out more on business norms at brainly.com/question/5718637.

5 0

2 years ago

Susan is a sales representative for a u.s. weapons manufacturer. she makes a $100,000 "grease" payment to a u.s. government offi

Vsevolod [243]

Answer: False

Explanation:

<em>The given statement from the following case/scenario is false</em> because in accordance to the rules of law of United States of America , the payments made to foreign officials are always deductible. Therefore the payments that are made by Susan to the Saudi officials are deductible, unless and until they are illegal .

7 0

3 years ago