1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sloan [31]
3 years ago
9

The IRS assessed a large tax and penalty against Karl. Karl retained Roger, the CPA who prepared the tax returns, to challenge t

he assessment. Two days before the deadline for filing a response, Roger tells Karl that he will not represent him unless Karl signs an expensive retainer agreement. This conduct is probably:a.undue influence.b.unfortunate consent.c.economic collateralism.d.economic duress.
Business
1 answer:
soldi70 [24.7K]3 years ago
7 0

Answer:

d.economic duress

Explanation:

The economic duress in simple terms means a party who is entering into a contract frightens or threatens of cancelling the contract or does not act according to the terms of the contract unless the other party in the contract agrees to their demands.

In the context, the conduct of Roger against Karl is probably can be called as the 'economic duress' as Roger informs Karl before the deadline of filing the response that he will not represent himself against IRS unless Karl enters into a deal of an expensive retainer agreement. Thus it is an economic duress that Roger is showing and forcing Karl to agree on his demands.

You might be interested in
The _____ market is a market in which the demand for and supply of money determine an interest rate or opportunity cost of holdi
jek_recluse [69]

Answer:

Money

Explanation:

4 0
3 years ago
Consider an imaginary economy that has been growing at a rate of 6% per year. Government economists have proposed a number of po
Natasha2012 [34]

Answer:

11.67 years

Explanation:

The rule of 70 requires that in determining when the economy growth rate will double its current growth rate, the appropriate thing to do is divide 70 by the current growth rate of 6% per year.

The economy's growth rate of 6%  has its percentage ignored when the calculation is carried out.

=70/6= 11.67  

The current economy's growth rate would double in 11.67 years' time

8 0
3 years ago
Each Cutco knife goes through 30 steps to ensure that it meets the firm's standards and provides a good value for a premium prod
ladessa [460]

Answer:

Quality control

Explanation:

Quality control is a system of maintaining quality by periodically testing a sample of the output to ensure that is within the specifications.

4 0
3 years ago
Why has the use of polling increased greatly in america? what are the negative aspects, if any?
Lostsunrise [7]
The utilization of Polling has expanded because of innovation which makes it less expensive and more broadly utilized. policy makers also uses the polling to stay in contact with changing sentiments on the issues. Polling can have negative aspect in light of the fact that it makes the politicians more worried about getting the vote as opposed to taking the ethical stand.
5 0
3 years ago
In its statement of cash flows issued for the year ending September 30, Berne Company reported a net cash inflow from operating
Dafna1 [17]

Answer:

B. $29,000

Explanation:

The cashflow from operating activities is calculated as below:

Cashflow from operating activities = Net income + Depreciation - Working capital investment

                                                          = Net income + Depreciation - (Change in inventories + Change in account receivables - Change in account payables)

Putting all the number together, we have:

123,000 = Net income + 38,000 - [(-27,000) + 31,000 - 48,000 - 12,000),

Solve the equation we get Net income = 29,000.

5 0
3 years ago
Other questions:
  • Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satisfy warranties on its
    13·1 answer
  • If you have a nation that has a production possibilities curve whereas its economy must give up 500 toys to get 1 additional lap
    14·1 answer
  • Smartphones, ipads, and other mobile devices used to watch videos are sometimes referred to as ______.
    7·2 answers
  • Where in the CAFR would one find the long-term liability for revenue bonds (paid from the revenues of an enterprise fund)?
    10·1 answer
  • Pam is in need of cash right now and wants to sell the rights to a $1,000 cash flow that she will receive 5 years from today. If
    8·1 answer
  • Delta Insurers typically affirms or denies claims within 120 days after it receives proof of loss statements. Which statement is
    12·1 answer
  • is the set of guidelines issued by the Equal Employment Opportunity Commission (EEOC) and other agencies to identify how an orga
    7·1 answer
  • According to your text, the best means of using direct foreign investment to attract new sources of demand is probably to
    9·1 answer
  • You were hired as a consultant to the ABC Company, whose target capital structure is 35% debt, 10% preferred, and 55% common equ
    15·1 answer
  • A ___________ enables you to view data from a table based on a specific criteria
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!