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USPshnik [31]
3 years ago
10

A lawyer cannot represent both the plaintiff and the defendant because of

Business
1 answer:
adelina 88 [10]3 years ago
6 0

Answer:

a Conflict of Interest Issue

Explanation:

In many countries, including the USA, the legal system is built on an adversarial process. Each of the conflicting parties is allowed the chance to argue their case as persuasively as possible. It means each side independent representation to defend their rights.

In the adversarial process, a lawyer must be loyal to their client to represent them effectively. It is practically impossible to be loyal to two clients on opposite sides of a court proceeding. Conflicts of interest will arise as the same lawyer cannot argue for and against the issue in the same court.

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Certain contracts, such as those involving the sale of personal property for $500 or more:_______.
djverab [1.8K]

Answer:

B. Must be written to be enforceable

Explanation:

In the United state, sale of personal property for $500 or more must be written to be enforceable. These kind of contracts are said to be within the statute of fraud.

These types of contracts are called Sales contracts which is an agreement between the buyer and seller. For the amount of money involved, a written contract provides security and peace to the mind of all those involved in the contract, hence why deals above $500 must be written to be enforceable.

8 0
3 years ago
Suppose that the market for low-wage labor is perfectly competitive and initially in equilibrim. If the government establishes a
Simora [160]

Answer:

Employment of low wage workers will decrease and which in turn increase the unemployment.

Explanation:

Perfectly competitive labor market, is the one which is described as the composite of many firms or companies that are in the competition for the workers. The firms will not be in power to set the wages for the workers, the market also determines the competitive wage.

But if this is a low wage labor and on that the government establish or form the minimum wage then it will result in the employment of the low wage workers will decrease and the consequence of which is increase in the unemployment.

Note: Options are missing so providing the direct answer

8 0
3 years ago
Tom operates an illegal drug-running operation and incurred the following expenses:Salaries $ 75,000Illegal kickbacks 20,000Brib
SSSSS [86.1K]

Answer:

Correct option is B

$160,000

Explanation:

From the question above, Cost of goods sold of $160,000 is treated as a negative item in calculating gross income rather than as a deduction.

For a drug dealer like Tom, all deductions

listed above are disallowed.

8 0
3 years ago
Haley romeros had just been appointed vice president of the rocky mountain region of the bank services corporation (bsc). the co
cluponka [151]

computerized database

7 0
3 years ago
If the financial statements include an income statement and a balance sheet but exclude the statement of cash flows, the auditor
USPshnik [31]

Answer:

The auditor should issue a qualified report for the departure from generally accepted accounting principles.

Explanation:

A qualified opinion can be understood as the statement given by an auditor in conjunction with a corporation's audited financial statements in an auditor's report. It was an auditor's judgement that implies a firm's earnings reporting was restricted in scope or that there was a substantial fault with the implementation of generally accepted accounting standards (GAAP)—but hardly one that was widespread.

3 0
3 years ago
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