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Question
Gigi, a twenty-year-old, wants to execute a will before she undertakes a mountain-climbing trip on a peak in the Himalaya Mountains. In most states, the legal age for executing a will isa. sixteen years of age.
b. eighteen years of age.
c. twenty-one years of age.
d. twenty-five years of age.
Answer
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Related questions
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Dominique, a certified public accountant, provides accounting services to Eagle Corporation. The services include preparing Eagle's financial reports and issuing opinion letters based on the reports. In 2008, Eagle falls into serious financial trouble, but neither Dominique's reports nor her opinion letters indicate this situation. Relying on Dominique's portrayal of Eagle's financial situation, Eagle borrows a large sum of money to build a new shipping facility. In lending Eagle the money, First National Bank relies on Dominique's opinion letter. Dominique is aware of this reliance. If Dominique did not engage in intentional fraud but was negligent, what is her potential liability?
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Bryce's accountant is Caleb and his attorney is Delilah. All states protect, as privileged information, Bryce's communications with
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b. Caleb only.
c. Delilah only.
d. neither Caleb nor Delilah.
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b. only under a court order (with or without Quikfeet's consent).
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c. criminal liability.
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Longway Trucking, Inc., files a suit against Midge, an accountant, under the antifraud provisions of the Securities Exchange Act of 1934 and Rule 10b-5 of the Securities and Exchange Commission. To succeed in recovering damages, Longway must show that Midge
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Q:
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An accountant's liability under the Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 requires privity of contract.
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Working papers are the documents through which a court orders an accountant to audit a public company.
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If a third party will be affected by a contract, the parties to the contract are in privity with the third party.
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b. a lesser harm than an injunction would impose on Wall Paint.
c. Wall Paint's failure to use reasonable care to avert herm to Verna.
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Q:
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When a release of hazardous chemicals from a site occurs, potentially responsible parties can avoid liability through transfer of ownership.
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Those who knowingly violate the Clean Air Act are exempt from criminal penalties.
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Manufacturers are required to report on any products intended for sale if the products have proved to be hazardous.
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Counteradvertising requires a company to advertise the products of its competitor to counter its own false claims.
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Vague generalities and obvious exaggerations constitute deceptive advertising.
Q:
An act must substantially affect interstate commerce to violate antitrust law.
Q:
Antitrust legislation was created because of the belief that competition leads to lower prices.
Q:
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a. only if the result more clearly concentrates the market.
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c. if the result more clearly concentrates the market and makes it more difficult for potential competitors to enter the market.
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d. is likely to increase competition.
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b. a per se violation.
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d. subject to analysis under the rule of reason.
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An antitrust action is brought against Tri-State Transport Company, alleging the offense of attempted monopolization. To be guilty of this offense, Tri-State's attempt must have
a. a dangerous probability of success.
b. a deadly guaranty of success.
c. a distant possibility of success.
d. a distinct improbability of success.