Le PHIL 301 Professor Stieb Midterm Exam‚ May 2‚ 2013 1/ What is ethics? What are some common ethical types? Why do business people need it? Can ethics be taught to people? Ethics is a study of morality‚ stems from the ancient Greek “ethos” meaning custom or habit. It is a study of theories concerning what is good and evil in human conduct. There is no particular set of laws defining what is ethical and what is not‚ because there is no right or wrong answer. The second sense of ethics speak of
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Econ 400 B. Brown Spring 2008 Midterm Exam II: Answers Answer three of the following questions. You must answer question 5. The questions are weighted equally. You have 75 minutes. You may use a calculator and one side of an 8.5 × 11 as a cheat sheet. Relevant tables are attached. Please return the exams to my office by classtime on Tuesday. Brevity is recommended. 1. Professor I. M. Economist asked his research assistant to estimate the parameters of the regression model Yi = α + βXi
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AP BIOLOGY EXAM ESSAY (FREE RESPONSE) QUESTIONS General directions: Answers must be in essay form. Labeled diagrams may be used to supplement discussion‚ but in no case will a diagram alone suffice. It is important that you read each question completely‚ and answer each section of the question. When giving examples‚ the first ones you give will be the ones graded. (if two examples are asked for‚ and you write about 4‚ make sure the first two are the best ones; they are the only ones counted
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BIOE 301/362 Name: Exam 2 March 13‚ 2008 The exam consists of 10 questions. Show all work to receive credit. Clearly organize your work and draw a box around your final answers. NEATNESS COUNTS! Good Luck! Problem 1 (5): Problem 2 (18): Problem 3 (12): Problem 4 (15): Problem 5 (8): Problem 6 (12): Problem 7 (12): Problem 8 (18): Extra Credit (4): Total (100): PROBLEM 1: Development of technology
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is active in overseeing the entity’s financial reporting policies. Answer A is incorrect. An active audit committee tends to temper management ’s aggressive stance. B. External policies established by parties outside the entity affect its accounting practices. Answer B is incorrect. External policies tend to moderate such management tendencies. C. Management is dominated by one individual who is also a shareholder. Answer C is correct because these noted factors tend to have an especially
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QUESTION 1. Equity has made the law more fair. Discuss Equity can be defined in a technical sense as a branch of law administered by the court of chancery before the passing of the Judicature Act (1873-1875) with a view of supplementing the common law rules. Equity developed because of the problems of the common law. The word ’equity’ has a meaning of ’fairness’ and this is the basis on which it operates. The existing law as at the time equity arose was common law‚ equity acted as a supplement
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ACCT 201 Final Exam Answers http://www.homeworkwarehouse.com/downloads/acct-201-final-exam-answers/ ACCT 201 Final Exam Answers 1. The term “double taxation” refers to which of the following: A. A sole proprietorship must pay income taxes on its net income and the owner is also required to pay income taxes on withdrawals. B. In a partnership‚ both partners are required to claim their share of net income on their tax returns. C. Corporations must pay income taxes on their net income‚ and their
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The word ‘equity’ can be seen to have a wide range of meanings- to many it is a synonym for ‘fairness’ or justice’. Those within the legal community recognise equity as the body of rules developed and applied by the Court of Chancery; a court previously presided over by the Lord Chancellor with rules developed under his authority. The law of equity developed due to the inflexibility of the common law. Before the development of equity‚ The law was rigid (which was often cited as a weakness) for example
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Equity In accounting and finance‚ equity is the residual value or interest of the most junior class of investors in assets‚ after all liabilities are paid; if liability exceeds assets‚ negative equity exists. In an accounting context‚ shareholders’ equity (or stockholders’ equity‚ shareholders’ funds‚ shareholders’ capital or similar terms) represents the remaining interest in the assets of a company‚ spread among individual shareholders of common or preferred stock; a negative shareholders’ equity
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illustrate with decided cases his legal position in relation to a company. Though the certificate of incorporation is conclusive for purposes of incorporation‚ using decided cases‚ outline circumstances under which it could be withdrawn.(10marks) ANSWER Definition; A promoter is one who undertakes to form a company with reference to a given project and to set it going and who takes the necessary step to accomplish that purpose - A promoter is not an agent of the company he promotes‚ as it does not
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