Answer:
The answer is: Assigning accounts receivables as collateral for a bank is not a asset transfer.
Explanation:
Even as the bank offers Sun Inc. with a factoring limit, the accounts receivables are still in the firm's accounting book. The firm has the obligations to go after their debtors for collections. The account receivables are transferred to creditors when a company becomes defaulted or bankrupted.
Answer:
the three of them could be held personally liable:
- I. John
- II. John's manager
- III. The CEO, who in this specific case we assume could have prevented the crime.
Explanation:
John committed forgery and possibly fraud by forging clients' signatures on documents held by the company. His boss ordered him to do so, so he is also responsible for John's actions. John can even try to put all the blame on his boss alleging that he was forced to forge the signatures. The CEO of the firm is also responsible because the forged documents had to serve someone's illegal purposes, and the CEO probably was the one that needed them or knew about what was going on and didn't do anything to stop it.
It is a true statement that the United States–Mexico–Canada Agreement includes new guidelines for digital trade and regulatory practices between the three nations.
<h3>What is the United States–Mexico–Canada Agreement?</h3>
It a trade deal negotiated by Donald Trump between the three nations which was signed on November 30, 2018.
It replaced the North American Free Trade Agreement which had been in effect since January of 1994.
The USMCA does includes new guidelines for digital trade and regulatory practices between the three nations.
Read more about USMCA
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