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2 years ago

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

Business

1 answer:

adelina 88 [10]2 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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One of the major differences between the New York Stock Exchange (NYSE) and the over-the-counter (OTC) markets is that in the NY

kompoz [17]

Answer:

The statement is: True.

Explanation:

There are several differences between trading through a security exchange market and Over-The-Counter (<em>OTC</em>). One of them is that there is a regulator while trading in an exchange market which is merely the exchange such as NYSE or NASDAQ that sends the investors transactions through market makers that are offered by brokers -intermediaries between the market securities and investors. The OTC market does not have regulators. In fact, most securities trading OTC are mostly companies that do not meet major exchange requirements.

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2 years ago

Technician a says that in a worm gear steering system, most excessive steering free play is usually found in the gearbox. techni

Goryan [66]

I was stuck on the same question. When I find out I’ll tell you immediately!!!

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2 years ago

The national-level advisors of CTSOs advocate the values that CTE programs instill to .

Furkat [3]

The answer is students on Plato.

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2 years ago

Read 2 more answers

General Electric employs a job order cost accounting system and keeps perpetual inventory records. The following transactions oc

nalin [4]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct labor incurred and charged to jobs during the month was:

Job 101 $32,000

Job 103 20,000

Manufacturing overhead was applied to jobs using a predetermined overhead rate based on 75% of direct labor costs.

To apply overhead, we need to use the estimated overhead rate and the actual direct labor cost:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Job 103= 0.75*20,000= $15,000

Job 101= 0.75*32,000= $24,000

Direct materials requisitioned during the month:

Job 101 $20,000

Job 103 24,000

Job 101 consists of 1,000 units and, Job 103 consists of 200 units.

First, we need to calculate the total cost and then the unitary cost:

Total cost= direct material + direct labor + allocated overhead

Job 101:

TC= 20,000 + 32,000 + 24,000= $76,000

Unitary cost= 76,000/1,000= $76

Job 103:

TC= 24,000 + 20,000 + 15,000= $59,000

Unitary cost= 59,000/200= $295

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2 years ago

Under the transactions approach used in financial accounting, every transaction has a single effect upon each party engaging in

Leni [432]

Answer:

Under the transactions approach used in financial accounting, every transaction has a single effect upon each party engaging in it.

b. False

Explanation:

Every transaction has double effect upon each party that is engaged in it. Instead, a business records each transaction to show that it affects the accounting equation of assets = liabilities + equity. This implies that every transaction that occurs must have an effect on the asset side and the liabilities + equity side. While one account will be receiving value, another account will be giving out the value for the same transaction. This effect helps to keep the equation in balance at all times.

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2 years ago