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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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Which of the following is a good example of inflation? OA. You get a flat tire on your car. OB. You work three jobs in order to

artcher [175]

Answer: C.) It cost you $85 to gas up your car this month but last month it only cost you $50

Explanation:

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3 years ago

How may hedging increase value of a company through: Reducing agency costs; Reducing costs of financial distress; Tax optimizati

yawa3891 [41]

Answer:

Hedging increases value of a company through:

Reducing costs of financial distress.

Explanation:

Hedging is a risk reduction and management strategy, which a company employs to offset or reduce its losses in investments by assuming opposite positions in some related assets. The reduction in risks through hedging results in some reduction in the profitability of the investments, based on the basic understanding of risk-return trade-off. Hedging strategies are done with derivatives, such as options and futures contracts.

3 0

3 years ago

AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165

nata0808 [166]

365000 - 165000 = $215,000
This gives you the Orlando sales.
215000 x 1.27 (27%) gives you the contribution margin for Orlando store
Answer is : $273,050

6 0

3 years ago

An entity has decided to focus strictly on producing and selling one type of teddy bear. For the upcoming year, the entity hopes

Yuki888 [10]

Answer:

29,143

Explanation:

Profit target = 25% on sales

Fixed cost = $51,000

Variable cost = $9.50 per unit

Sales price per unit = $15

To achieve profit target, let the number of units sold be y

Total sales = 15y

Total variable cost = 9.5y

Profit = 0.25 × 15y

= 3.75y

Sales - Cost = profit

15y - (51000 + 9.5y) = 3.75y

15y - 9.5y - 3.75y = 51000

1.75y = 51000

y = 51000/1.75

y = 29143

29,143 bears must be sold to meet the profit goal.

8 0

4 years ago

a firm acquired an assset on 1st Apri, 1990 at a cost of Le 30,000. The useful life of the asset is expected to be 10 years. The

Furkat [3]

Answer:

First year : Le 2100

Second year : Le 2800

Third year : Le 2800

Explanation:

Given the following :

Cost of equipment = 30,000

Useful years = 10

Salvage or scrap value = 2,000

depreciation account for the first 3 years in the life of the asset using the Straight line method :

Straight line Depreciation :

(Cost - salvage value) / useful years

First year: (April - December 1990)

April - December 1990 = 9 months

(30,000 - 2000) / 10 × 9/12

28000 / 10 × 0.75 = Le 2100

Second year:

(30,000 - 2000) / 10 × 12/12

28000/ 10 = Le 2800

Third year:

(30,000 - 2000) / 10 × 12/12

28000/ 10 = Le 2800

3 0

3 years ago