Acceptance respecting others and achieving your goals in life
Answer:
The concept of checks and balances.
Explanation:
All three sides of the government have a way to curb the power of the other 2 sides. This refers to checks and balances. The exec. branch has the veto and pardon, congress has the impeachment, and the supreme court has the right to remove congression acts.
Its true
It will never bring development because you will never have an agreement. You need to have the same purpose so you can work together and have some progress. But it can also be wrong because what if you have two teams working on different projects? Your teams have a disagreement, but both are developing different solutions to the same problem. Still developing but with a different idea. It all depends on your perspective.
Answer: Ultramares corporation v. Touche established Ultramares doctrine. Hochfelder v. Ernst & Ernst ruled that scienter is required before CPAs can be held liable.
Explanation:
All the options except the above are true. Ultramares corporation v. Touche did establish the Ultramares doctrine.
United States v. Natelli sentenced two CPAs to prison for a year, in addition to fines, for violating the Securities Exchange Act of 1934.
Bily v. Arthur Young did not uphold the restatement doctrine. The restatement doctrine restatement doctrine makes an auditor liable to people who rely on the quality of his work be they his clients or third parties. Two high courts ruled that auditors are not liable to third parties who use their work but only to the party that contracted their work.
However, Hochfelder v. Ernst & Ernst ruled that an allegation of scienter (an intention to deceive) is not required before CPAs can be held liable as long as the actions constitute actual deception.
While rule 10b-5 of the Exchange Act states the presence of scienter as a requirement to commit an offense, the court ruled against the statute by eliminating the Scienter clause from criminal statute and ruled against Ernst & Ernst.
