financing. The Blues have paid billions of dollars for care attributable to illnesses related to tobacco use. In an attempt to recover some of this amount‚ the Blues filed a suit in federal district court against tobacco companies and others‚ alleging fraudulent misrepresentation‚ and negligence among other things. The Blues claimed that beginning in 1953‚ the defendants conspired to addict millions of Americans‚ including members of Blue Cross Plans‚ to cigarettes and other tobacco products. The conspiracy
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considers the potential for management override of controls and recognizes the fact that audit procedures that are effective for detecting error may not be appropriate in the context of an identified risk of material misstatement due to fraud. b. Fraudulent financial reporting can involve intentional misstatements including the omission of amounts or disclosures in financial statements to deceive financial statement users‚ and management override of controls that otherwise may appear to be operating
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Data Mining DM Defined Is the analysis of (often large) observational data sets to find unsuspected relationships and to summarize the data in novel ways that are both understandable and useful to the data owner Process of analyzing data from different perspectives and summarizing it into useful information A class of database applications that look for hidden patterns in a group of data that can be used to predict future behavior. DM Defined The relationships and summaries derived
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Learning Objectives 1. What is the difference between an employee and an independent contractor? Independent contactor works for‚ and receives payment from‚ an employer but whose working conditions and methods are not controlled by the employer. An independent contractor is not an employee but may be an agent. Seven criteria to be a contractor include: Worker can exercise control over details of work. Worker’s occupation is distinct from that of employer. Worker does not follow employer’s
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Rogue Trader Introduction: A rogue trader is a market professional who is basically involved in different unauthorized trading activities. Most people are highly familiar with the rogue trading activities‚ as there have been several instances of huge losses incurred under the rogue trading. Recently these rogue trading activities causing huge losses attracted the media and many films have been based on such rogue trading activities. The rogue trader movie has been highly famous as it portrayed
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Introduction to Commercial Law Jasper Goh Jia Qing We would need to establish if there was a valid contract formed. As per Lord Wilberforce in The Eurymedon‚ an enforceable contract would have to consist of a valid offer and agreement‚ consideration‚ an intention to create legal relations and there has to be no vitiating factors. The first issue would be as to whether there was an offer on the advertisement regarding
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expired under Florida law as well‚ which does not allow for the statute of limitations to be tolled during infancy. Lastly‚ Bell argues that the statute of limitations in this case were not postponed due to the discover rule nor the doctrine of fraudulent
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scams: Use the internet or local newspapers and other print materials to advertise fraudulent job openings Request job applicants to send their application‚ resume‚ or CV to an illegitimate e-mail address or fax number Request that job applicants wire funds to a bank account to cover processing and/or immigration fees These scams usually involve the use of illegitimate e-mail addresses to communicate fraudulent employment opportunities with Marriott. These illegitimate e-mail addresses are created
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Although there are lot of reasons I should get this scholarship‚ I will present the ten most relevant reasons that qualify me to earn this scholarship. First‚ I need to reduce the cost associated with my study. One thing is certain: if I get only one scholarship‚ it can help me pay for the cost to learn at college. Second‚ It will help me get an education. This scholarship will help me get an education without worrying how I will repay it. Third‚ it will help me pay the expenses associated with
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Every minute‚ about nineteen people are victims of identity theft. In today’s society‚ identity theft is the fastest growing crime in America. Every year 9.9 million identities are stolen and it takes those victims an average of five hundred dollars and countless days to restore their good name and credit record. Victims could potentially lose out on job opportunities‚ or be denied loans for education‚ housing or cars because of negative information on their credit reports. In rare instances‚ victims
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