<span>Chris may be able to recover money from the courts on the basis of quasi contract. A quasi contract is an obligation of one party to another imposed by law independently of an agreement between the parties.</span>
Answer: Level D
Explanation: Level D protection is primarily a work uniform and is used for only nuisance contamination. It requires only coveralls and safety shoes/boots. Other PPE is based upon the situation (types of gloves, etc.). It should not be worn on any site where respiratory or skin hazards exist.
------------------elasticity of demand<span> measures the sensitivity of the quantity demanded to changes in the price</span>
Answer:
Amount of the company's total capital stock at December 31, 2019:
Common stock = 8,000 x $15 = $120,000
Preferred stock = 2,000 x $30 = <u>$60,000</u>
Total issued share capital $180,000
Add: Net income at 31 December, 2019 <u>$375,000</u>
Total capital stock <u>$ 555,000</u>
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Explanation:
Total capital stock is the aggregate of par value of common stock, par value of preferred stock and net income.
Answer:
The correct answer is letter "C": certification of false financial statements.
Explanation:
The Sarbanes-Oxley Act (SOX) is a statute that aims to increase corporate governance and enhance internal control of companies. SOX's primary purpose is to protect stakeholders from false corporate financial statement representations. Investors must know that the financial information on which they rely is accurate and that their accuracy has been checked by an independent third party.
<em>Altering, destroying, covering-up or falsifying information in the financial statements of a firm is considered a crime since the SOX implementation with a maximum sentence of 20 years.</em>