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3 years ago

Which of the following scenarios is a circumstance in which it would be ethical to practice confidentiality?

Business

2 answers:

dimaraw [331]3 years ago

8 0

Answer:

a. Your friend tells you her new business idea that will make her rich

Explanation:

Every day researchers, industries, companies and startups develop new ideas and technologies to improve the production of goods and services, which brings more innovations to the market. For the realization of these tools, it is common to make partnerships with investors and with third parties for the development of the project, which in the future may become true competitors or even disseminate the news.

Along these lines, in order to protect the know-how, industrial or business secrecy involved during the exchange of information, companies sign a document that aims to protect all shared ideas. Thus, the parties undertake not to disclose to third parties, much less use them for their own benefit, the information obtained for the implementation of the project / business.

In practice, such confidentiality may be established in the contract itself that regulates the business through the confidentiality clause or through the Confidentiality Term, usually called the NDA, which comes from the Non Disclosure Agreement. Non-disclosure of the project, in order to safeguard the information exchanged between the participating parties of a commercial deal. And those involved can be individuals; individuals and companies; or only legal entities.

Sloan [31]3 years ago

7 0

Its a, i just took the quiz.

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Penguin Island produces two goods: ice and genetically engineered fish. Due to recent technological advances, its economy has ex

Vadim26 [7]

Answer:

1. Point on x-axis will increase and so will the point on the y-axis

2. All of the above

Explanation:

1. The Production Possibilities Frontier shows the amount of resources needed to produce different quantities of two goods. It therefore allows one to see the trade-off in resources for producing more of one good vs the other.

When a factor of production leads to more efficiency in the production of a good, the frontier will increase. In this scenario, there has been a growth in technology which means that more of both goods can be produced. This will increase the PPF on both axis. (Refer to attached file).

2. All of the listed options have led to increases in the standard of living in the last century. More education means people can get better jobs and build more infrastructure. International trade has increased market access and increased wealth. Farm productivity is better so more people can be fed and improvement in technology is the main driver for growth.

4 0

3 years ago

A company purchased land for $70,000 cash. Real estate brokers' commission was $5,000 and $7,000 was spent for demolishing an ol

xxMikexx [17]

Answer:

UNDER THE HISTORICAL COST OF PRINCIPLE THE COST OF LAND WOULD BE $82,000

Explanation:

Historical cost principle is one of many principle that is used in the accounting , where it states that the value of the asset which will be recorded in the asset side of the balance sheet will be based on the original amount of price which was incurred to acquire the asset at the time of purchase. In this we will include the broker's commission and amount spent for demolishing old building

COST OF LAND = purchase price + broker commission + cost on demolishing

= $70,000 + $5000 + $7000

= $82,000

3 0

3 years ago

A company had service revenue of $257,000, rent expense of $10,700, utility expense of $4,200, salary expense of $19,200, deprec

Reil [10]

Answer:

Income summary has a $208,630 credit balance before being closed

Explanation:

The closing entries should be:

Dr Service revenue 257,000

Cr Income summary 257,000

Dr Income summary 48,370

Cr Rent expense 10,700

Cr Utility expense 4,200

Cr Salary expense 19,200

Cr Depreciation expense 9,700

Cr Advertising expense 4,570

Income summary

Debit Credit

208,630

In order to close income summary:

Dr Income summary 208,630

Cr Retained earnings 208,630

If you want to close dividends:

Dr Retained earnings 18,700

Cr Dividends 18,700

7 0

3 years ago

Mountain Mining requires $3.3 million to expand its current operations and has decided to raise these funds through a rights off

DedPeter [7]

Answer:

183,333.33 shares

Explanation:

The computation of the shares of stock need to be sold is shown below:

= Total amount required to expand its current operations ÷ subscription price

= $3,300,000 ÷ $18 per share

= 183,333.33 shares

This is the answer and the same is not provided in the given options

We simply divide the Total amount required to expand its current operations by the subscription price so that the accurate shares can come.

All other information which is given is not relevant. Hence, ignored it

3 0

3 years ago

Economic expansions in Europe and China would cause a. the U.S. price level to fall and real GDP to rise. b. the U.S. price leve

Firdavs [7]

Answer:

d. the U.S. price level and real GDP to rise.

Explanation:

Economic expansion refer to the expansion that has rise in the economic activity and goods availability. In this period, the real GDP is also increased

So as per the given situation since there is an economic expansion in Europe and the China so here the level price of the united states and read GDP would rised

therefore the option d is correct

4 0

2 years ago