The type of audit that occurs at your home or in the business is called the field. It is because the field is the place like home or business in which the IRS goes to in means of conducting the investigation in regards with them and their tax payer.
<span>The researcher has violated participant confidentiality and has made the validity of the study invalid. The people whose confidentiality was breached should be notified and they should have the right to revoke their information from the study. No one who believes they have participated with confidentiality should be subjected to having others know they were involved if they do not want that.</span><span />
<h2>Yes the statement is True. A contract tells an organization how must act and the consequences for failing to act properly.</h2>
Explanation:
It is true that a contract is an agreement which is stating rules and regulation and also the consequences which the company has to face if the rules are violated.
A contract,
- is an legal agreement
- is signed for specific period
- contains rules
- consists of benefits which the company will get
- also contains terms & conditions which might change from time to time
- should be signed by company as well as the party
- should even be signed by the witness of both the side
Fiduciary duties are mentioned in the statue and enforceable in different states but there is not any clear demarcation. The court should rule in favor of Newbury group because it has not violated anything in the conduct of business
.
<u>Explanation:</u>
a- Following fiduciary duties owed by member of LLC to other members
i-<u>Fiduciary duty of Loyalty</u>- Under this member in the LLC should be loyal to each other and they should put the success of and benefits to the LLC above any personal or individual advantages. They should also note that conflict of interest between LLC’s objective and their own objective should be avoided to the fullest.
ii- <u>Fiduciary duty of Care</u>- The members of the LLC should act in good faith, honestly and should exercise reasonable care while carrying their obligation and duty for the LLC. All decision and steps they took should be taken with full dedication and ownership.
b - Fiduciary duties are mentioned in the statue and enforceable in different states but there is not any clear demarcation between personal and LLC duties. The words are vague and not clear. Judicial precedence and decision in certain cases have decided about the legality of violence of fiduciary duty. Through operating agreement members in LLC can alter the fiduciary duty.
c-The court should rule in favor of Newbury group because it has not violated anything in the conduct of business.
