It's true that the for national and community service is currently in charge of organizing initiatives to involve American students in service learning projects.
Community service is unpaid labor done by an individual or group of individuals without payment for the benefit and advancement of their local area. Community service can be distinguished from volunteering because it is sometimes required and isn't always done voluntarily. Individual advantages may be realised, but they may also be fulfilled for a number of other reasons, such as citizenship requirements, alternatives to criminal justice consequences, school or class requirements, or requirements to be eligible for certain benefits.
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Select the correct answer.
Why is it a good idea to have a carbon monoxide detector in the home?
A.
to prevent an allergic reaction
B.
to prevent poisoning from carbon monoxide
C.
to warn members of the household of smoke from a fire
Answer:
B.
to prevent poisoning from carbon monoxide
Explanation:
Hope this helps
Answer:
b
Explanation:
A proposed merger of firms that would simultaneously lessen competition and reduce unit costs through economies of scale should be allowed if
It will be allowed the price decreases brought on by lower unit costs will exceed the price increases brought on by less intense industry competition.
Gaining access to a greater market and, thus, a larger client/customer base, is the aim of a market-extension merger. The term "acquisition" typically refers to a deal when one company buys out another company through a takeover. When the buying and target companies come together to form a totally new entity, the word "merger" is employed. Conglomerate, congeneric, market extension, horizontal, and vertical mergers are the five main merger types. A horizontal merger eliminates a rival and may alter the market conditions, allowing the remaining businesses to more easily coordinate on pricing, output, capacity, or other aspects of competitiveness.
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" If you have been arrested on suspicion of DUI you can only be released after A. " you have been held for a minimum of 8 hours B. you are no longer under the influence of drugs or alcohol C. your BAL is under .05, if you are over 21 years of age D. All of the above
Answer:
ALL OF THE ABOVE
Explanation:
A duty to do or not to do
Answer:
no
Explanation:
what did political theorist john stuart mill argue for? A. freedom from government B. free traffic of ideas C. free love D. free access to healthcare
Political theorist John Stuart Mill argued for B. free traffic of ideas.
Mill believed in the importance of individual liberty and freedom of expression. He argued that individuals should be free to express their ideas and opinions without interference from the government or other authorities.
This freedom of expression, or "free traffic of ideas," is essential for the pursuit of truth and the development of society. Mill also believed that this freedom should extend to all aspects of life, including religion, politics, and personal relationships.
However, he did recognize the need for some limits on individual liberty, such as when one's actions harm others.
Hence Option B is correct.
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Utilitarianism focuses on adherence to moral duties and rights. True or False?
The statement "Utilitarianism focuses on adherence to moral duties and rights" is false. Utilitarianism is a philosophical theory that suggests that the moral course of action is one that maximizes overall happiness or pleasure and minimizes overall suffering or pain.
The theory holds that the moral value of an action depends solely on its outcome, rather than on the action itself or any inherent rights or duties.Utilitarianism requires an individual to determine the outcome that is most likely to bring about the greatest good for the greatest number of people.
The rightness or wrongness of an act is based on its ability to produce maximum happiness or pleasure. The greatest pleasure for the greatest number of people is the ultimate goal. So, in utilitarianism, the focus is on the end result rather than adherence to moral duties or rights.In conclusion, utilitarianism does not focus on adherence to moral duties and rights,
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courts will enforce a liquidated damages provision as long as the actual amount of damages is difficult to ascertain and the sum is reasonable in light of the expected harm.
It is true that courts will enforce a liquidated damages provision if the actual amount of damages is difficult to determine and the total amount is reasonable in light of the expected harm.
A court considers two factors when deciding whether a liquidated damages provision is a penalty:
(1) the rationality of the dollar value specified and
(2) the complexity of deciding and asserting actual damages in the event of a breach.
However, a liquidated damage provision that is viewed as a "penalty" unconnected to any anticipated or actual loss is unlikely to be enforced by a court.
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The question was incomplete. Check below the full question.
courts will enforce a liquidated damages provision as long as the actual amount of damages is difficult to ascertain and the sum is reasonable in light of the expected harm. There are two general categories of remedies—legal and equitable.
A woman is found dead in a stream at the bottom of a ravine. The cause of death is determined to be a fall from a nearby cliff. Mechanism of death is exsanguination (there was virtually no blood left in her body). What is the approximate time of death if the body temperature was 29. 4°C (84. 9°F)? Will any other factors influence the time of death and how so? Explain your answers
Body temperature and a temperature-time nomogram chart can provide an approximate time of death, typically 24 hours before the recorded temperature. Factors like ambient temperature, clothing, and substances in the body can influence decomposition rates.
The approximate time of death can be determined by measuring the body temperature and checking it against a temperature-time nomogram chart. According to the chart, the time of death is approximately 24 hours before the measurement of the body temperature.
Therefore, the approximate time of death is 24 hours before the body temperature was recorded at 29.4°C (84.9°F). Other factors that can influence the time of death include the ambient temperature, clothing, and the presence of drugs or alcohol. If the ambient temperature is high, the body may decompose at a faster rate, leading to an earlier determination of the time of death.
Clothing can also affect the rate of body decomposition. If the body is covered, it may decompose at a slower rate than if it were exposed to the elements. Drugs or alcohol in the system can also affect the rate of decomposition. For example, if the body contains a high concentration of alcohol, it may decompose at a faster rate due to the presence of bacteria that feed on alcohol.
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Election of Subchapter S corporation status is done through:
Group of answer choices
The Secretary of State
The IRS
The county where the corporation operates
The state Department of Revenue
A key employee:
Group of answer choices
Is any salaried employee
Owes a duty of loyalty to the organization
Is also automatically subject to a non-compete agreement
Cannot be fired without just cause
Article 2 of the UCC applies to:
Group of answer choices
All transactions in the sale of goods
All transactions in the sale of goods but only if one or both parties are merchants
All contracts for the sale of real estate
Secured transactions
If a contract falls under the Statute of Frauds, it must be:
Group of answer choices
In writing
Signed by the party to be charged
Signed by the party to be charged and in writing
Notarized
Under the doctrine of promissory estoppel, a promise must:
Group of answer choices
Include conduct to support it
Be of short duration
Cause the promisee to rely upon it to his detriment
Be made by a merchant
The implied warranty of merchantability applies to:
Group of answer choices
All sales of goods
All sales of goods if the seller is a merchant
All sales of goods if the buyer is a merchant
All sales of goods if the seller and buyer are merchants
Election of Subchapter S corporation status is done through: The IRS. Subchapter S corporation status is a tax election made with the Internal Revenue Service (IRS) that allows qualifying corporations to pass their income, deductions, and credits through to their shareholders for tax purposes.
A key employee: Owes a duty of loyalty to the organization. A key employee is an employee who holds a position of significant importance or responsibility within an organization. As part of their role, they owe a duty of loyalty to the organization, which includes acting in the best interests of the company and avoiding conflicts of interest.
Article 2 of the UCC applies to: All transactions in the sale of goods. Article 2 of the Uniform Commercial Code (UCC) governs transactions involving the sale of goods. It establishes rights, obligations, and rules related to the formation, performance, and enforcement of contracts for the sale of goods.
If a contract falls under the Statute of Frauds, it must be: In writing. The Statute of Frauds is a legal doctrine that requires certain types of contracts to be in writing in order to be enforceable. Contracts falling under the Statute of Frauds, such as those involving the sale of land or contracts that cannot be performed within one year, must be in writing to be valid.
Under the doctrine of promissory estoppel, a promise must: Cause the promisee to rely upon it to his detriment. The doctrine of promissory estoppel is a legal principle that allows a promise to be enforced even if it lacks the elements of a traditional contract. For a promise to be enforceable under promissory estoppel, the promisee must reasonably rely on the promise to their detriment.
The implied warranty of merchantability applies to: All sales of goods if the seller is a merchant. The implied warranty of merchantability is a guarantee that the goods being sold are reasonably fit for their intended purpose and meet certain quality standards. It applies to all sales of goods if the seller is a merchant, meaning someone who deals in goods of the kind being sold.
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Who takes over if something happens to the president?
The primary difference between IAS 37, and U.S. GAAP concerning the treatment of contingent liabilities pertains to: definition of terms.
The primary difference between IAS 37, and U.S. GAAP concerning the treatment of contingent liabilities pertains to: definition of terms.
The primary difference between IAS 37 (International Accounting Standard 37) and U.S. GAAP (Generally Accepted Accounting Principles) concerning the treatment of contingent liabilities pertains to the definition of terms.
Under IAS 37, a contingent liability is defined as a possible obligation arising from past events whose existence will be confirmed only by the occurrence or non-occurrence of uncertain future events that are not wholly within the control of the entity.
On the other hand, under U.S. GAAP, contingent liabilities are generally referred to as "probable" and "reasonably estimable" liabilities.
In order to recognize a contingent liability under U.S. GAAP, it must be probable that an actual liability has been incurred, and the amount of the liability can be reasonably estimated.
Therefore, the primary difference between IAS 37 and U.S. GAAP concerning the treatment of contingent liabilities lies in the specific criteria and definitions used to determine when a contingent liability should be recognized and disclosed in the financial statements.
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The primary difference between International Accounting Standard 37 (IAS 37) and U.S. Generally Accepted Accounting Principles (GAAP) concerning the treatment of contingent liabilities is related to the definition of terms.
Under IAS 37, contingent liabilities are defined as possible obligations arising from past events, the existence of which will be confirmed by the occurrence or non-occurrence of uncertain future events. In other words, a contingent liability is recognized if it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation, and a reliable estimate can be made.
On the other hand, U.S. GAAP defines contingent liabilities as possible obligations arising from past events, the outcome of which will be confirmed by the occurrence or non-occurrence of uncertain future events. However, U.S. GAAP has a stricter threshold for recognition. A contingent liability is recognized only if it is both probable (likely to occur) and the amount can be reasonably estimated.
In summary, the main difference between IAS 37 and U.S. GAAP regarding contingent liabilities lies in the recognition criteria. IAS 37 requires a lower threshold for recognition, allowing for the recognition of contingent liabilities when it is probable and a reliable estimate can be made. U.S. GAAP, on the other hand, has a stricter threshold, requiring both probability and reasonable estimation for recognition.
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Facial expressions may display emotions clearly, but the meaning of a facial expression may be misinterpreted. True False
The answer is true.
and yeah lol.
Discuss the legal position of intention as one of the important elements in the formation of a contract based on Contract Act 1950 in Malaysia. Support your answer with relevant cases.
In Malaysia, the legal position of intention is one of the vital elements of the contract formation based on the Contract Act 1950. It is an essential element that must be present in a contract before the courts recognize it as a legally binding agreement.Intention is defined as the willingness to enter into a legal obligation that is enforceable by law. It is important to note that the parties must have a mutual understanding and acceptance of the terms of the contract. In other words, the parties must agree to the terms without any undue influence, misrepresentation, coercion, or fraud.According to Section 10 of the Contract Act 1950, all agreements made between parties are contracts if they are made with the free consent of the parties, for a lawful consideration, and with a lawful object. In the formation of a contract, there must be an intention to create legal relations between the parties.In the case of Rose & Frank Co v JR Crompton & Bros Ltd (1923), the court held that the parties' intention is a critical element in the formation of a contract. In this case, the parties entered into a contract, and the issue was whether the contract was legally binding. The court held that the parties did not intend to create a legally binding contract, and therefore, it was not enforceable.Another important case that supports the legal position of intention is Balfour v Balfour (1919). In this case, the husband promised to pay his wife an allowance while he was working in Ceylon. However, when the couple separated, the husband refused to pay the allowance. The court held that there was no intention to create a legally binding agreement as the parties were not dealing with each other at arm's length, and the agreement was purely domestic.In conclusion, the legal position of intention is an important element in the formation of a contract under the Contract Act 1950 in Malaysia. It is crucial to have a mutual understanding and acceptance of the terms of the contract without any undue influence, misrepresentation, coercion, or fraud. The parties must have an intention to create legal relations, which is evident from their conduct and actions.
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the basis for zoning and other land use control laws is:
The basis for zoning and other land use control laws is to regulate and control the use and development of land in order to promote the health, safety, and welfare of the public.
Zoning laws typically divide a jurisdiction, such as a city or county, into different zones or districts, each with specific permitted uses, restrictions, and requirements. This helps to ensure that incompatible land uses are separated and that the overall character and quality of the community are preserved. Zoning laws may also regulate factors such as building heights, setbacks, parking requirements, and other aspects of development.
Other land use control laws, such as environmental regulations and building codes, also serve to protect public health, safety, and welfare by regulating the impact of development on the environment and ensuring that buildings are constructed to meet certain standards for safety and quality.
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Question 4
Which of the following statements is true with regard to the statute of frauds?
1 pts
A The contract terms may not be stated in more than one document.
B All contracts involvingconsideration of more than $500 must be in writing.
C The written contract must be signed by the plaintiff.
D the statute of frauds does not apply to contracts that can be fully performed within one year from the date
they are made.
The statement that is true with regard to the statute of frauds is " All contracts involving consideration of more than $500 must be in writing."
This is further explained below.
What is a statute of frauds?Generally, The statute of fraud (SOF) is a legal principle that stipulates that certain kinds of transactions have to be put into writing before they may be legally binding.
The Act applies to contracts involving the sale of land, agreements involving products with a value of more than $500, and contracts with a duration of at least one year.
In conclusion, In reference to the statute of frauds, the statement that "All transactions involving consideration of more than $500 must be in writing" is accurate.
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the parties to a sales or lease contract can vary their respective rights and obligations by contractual agreement, but they cannot change the measure T/F
It is true that the parties to sales or lease contract can vary their respective rights and obligations by the contractual agreement, but they cannot change measure.
What is an agreement?An agreement is a mutual understanding or contract between two or more parties that outlines the terms and conditions of a specific arrangement or transaction. It can be verbal or written, formal or informal, and can cover a wide range of topics such as business deals, rental agreements, employment contracts, or even personal relationships. An agreement typically includes the names of the parties involved, the purpose of the agreement, the rights and obligations of each party, the payment terms, and any conditions or limitations that apply. It is important for all parties to carefully read and understand the agreement before signing to ensure they agree with the terms and can fulfill their obligations. In general, agreements provide a legally binding framework that helps to establish trust and ensure that all parties are held accountable for their actions.
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Is it a Violation of R.A. 8794 or Overloading act of the Philippines? Justify your answer-
Under Republic Act 8794, it should be noted that vehicles that are overloaded would have to be charged and fined when they violate the Act.
It should be noted that Republic Act 8794 was put in place in order to ensure the roads are adequately maintained by people. Due to this any vehicle that's overloaded is charged 25% of their motor vehicle user's charge. Under this Act, the maximum axle load that's allowed is 13500 kgs.In conclusion, when a vehicle overloads, there is a violation of R.A. 8794.
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Answer:
The final stage in any forensic testing procedure is ____.A.) documentation,B.) analysis. C.) the laying of charges.D.) crime scene processing.
Through a series of compromises the delegates were able to agree on the important points of the new plan. After its approval by the convention, the Constitution still had to be ratified by the states. The promise to add a Bill of Rights helped convince Anti-Federalists to approve the new government. In June 1788, New Hampshire became the ninth state to ratify the document and the Constitution took effect.
Answer:
True.
Explanation:
The Articles of Confederation did not solve some of the problems that the republic was going through and that was why it was necessary to create the federal constitution, which created and gave power to a unified government and which managed to suppress the problems and challenges that the country presented. However, the constitution had to be approved by the delegates of each state and not everyone was willing to approve it. A group of delegates called anti-federalists, believed that the constitution gave the president too much power and that was dangerous.
To have the support of anti-federalists, the federalists agreed to add a bill of rights to the new document, which ended up working.
You overhear your friend complaining that he's upset there's no way to change the constitution
Go live in L'Manburg.
All individuals on a motorcycle are required by law to wear a helmet which is approved by the DOT, fits snugly, and is tightly fastened.
The given statement "All individuals on a motorcycle are required by law to wear a helmet which is approved by the DOT, fits snugly, and is tightly fastened." is True because this requirement is in place in many jurisdictions and serves to promote safety and reduce the risk of head injuries in motorcycle accidents.
Helmets approved by the DOT meet specific safety standards and undergo rigorous testing to ensure their effectiveness in protecting riders' heads. Wearing a properly fitting helmet that is securely fastened is crucial because it provides crucial head protection by absorbing and distributing the force of impacts, reducing the risk of severe head trauma in the event of a crash or collision.
The enforcement of helmet laws aims to promote safe riding practices and prevent potential fatalities or life-altering injuries. Wearing an approved helmet that fits correctly and is securely fastened is not only a legal requirement but also a proactive measure to prioritize rider safety on the road.
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Complete Question : All individuals on a motorcycle are required by law to wear a helmet which is approved by the DOT, fits snugly, and is tightly fastened. True/false.
If you take a picture of something and post it to like the world do you think someone could investigate and pull up your IP address? (dude answer me this my brothers are arguing with me because they think that someone cannot do that and i just want to prove to them that you can)
Answer:
they can
Explanation:
it's called hacking
done to Sally. The State of Florida charges Larry with kidnapping. Unfortunately, the prosecutor did not do a very good job and the jury finds Larry not guilty. Now the federal government wants to try again to get a conviction. Can federal prosecutors bring federal kidnapping charges against Larry after his acquittal in Florida
No, federal prosecutors generally cannot bring federal charges against an individual for the same offense after they have been acquitted in a state court for the same conduct.
This principle is known as "double jeopardy," which is protected by the Fifth Amendment of the United States Constitution. The double jeopardy clause states that no person shall "be subject for the same offense to be twice put in jeopardy of life or limb." In this scenario, Larry was acquitted of kidnapping charges in a Florida state court.
Since kidnapping is a criminal offense, the federal government would typically be barred from prosecuting Larry for the same offense based on the double jeopardy principle. The federal government cannot retry Larry for the same conduct that formed the basis of the state charges.
However, there are exceptions to the double jeopardy rule. In certain situations, both state and federal authorities may have jurisdiction to prosecute an individual for the same conduct if the actions violated both state and federal laws, or if the charges are based on different elements of the offense.
Additionally, if the alleged offense involves violations of both state and federal laws, the federal government may choose to pursue charges for separate federal offenses that are distinct from the state charges.
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Which of the following is considered a social effect of a crime?
O Strained relationship with loves ones
Changes in sleeping and eating habits
Attempting to shut out the pain
Medical loss due to injury
Answer:
Stained relationship with love ones.
You are asked to randomly choose 20 participants from 100 voluntary participants to fill a survey questionnaire that measures people’s attitude toward social distancing rules during the pandemic. Which of the following is a proper approach of randomization? ______
(1) Let the people who are not happy with the social distancing rules to fill the survey questionnaire
(2) Let young people to fill the survey questionnaire
(3) Let senior people to fill the survey questionnaire
(4) Use a computer to randomly select 20 participants from the 100 participants.
The proper approach of randomization for selecting 20 participants from 100 voluntary participants to fill a survey questionnaire measuring attitudes toward social distancing rules during the pandemic is to use a computer to randomly select 20 participants from the 100 participants (option 4). This ensures that the selection process is unbiased and representative of the larger population. So, option 4 is the right choice.
The proper approach to randomization for selecting 20 participants from 100 voluntary participants to fill a survey questionnaire measuring attitudes toward social distancing rules during the pandemic is to use a computer to randomly select 20 participants from the 100 participants .
Using a computer to randomly select participants ensures that the selection process is unbiased and representative of the larger population. It eliminates potential biases that could arise from selecting participants based on certain characteristics such as age, gender, or attitudes toward social distancing rules.
To use a computer to randomly select participants, a random number generator can be used to assign a number to each participant. The numbers can then be sorted in ascending order and the top 20 participants can be selected.
This approach ensures that every participant has an equal chance of being selected and that the sample is representative of the larger population. It is important to use a proper approach of randomization to ensure that the results of the survey are accurate and reliable, and can be used to make informed decisions about social distancing rules during the pandemic.
The right answer is 4. Use a computer to randomly select 20 participants from the 100 participants.
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What is the proper order of a trial
Opening Statements. Witness Testimony and Cross-Examination. Closing Arguments. Jury Instruction.
what is special crime investigation
Answer:
a investigación de delitos es el proceso por el cual se descubre al autor de un delito, cometido o planeado.
Explanation:e spero que te ayude xd
Do you think Legalism and Confucianism helped ancient China
collectively to move out of the Warring State Period and establish
imperial order? Evaluate
Legalism and Confucianism played a vital role in ancient China's political, economic, and social development. The two schools of thought had different philosophies, which contributed to the country's rise to power after the Warring States Period. They are essential in understanding China's imperial order and its social and political systems during the time.
Both Legalism and Confucianism played a part in the unification of China by providing a unique set of rules for rulers to follow. Legalism offered an authoritarian approach to government, which relied on harsh punishment and strict laws to enforce order. Meanwhile, Confucianism focused on the moral cultivation of individuals and officials to ensure a just society. Hence, the two schools of thought played a critical role in laying the foundation for China's imperial order. However, Confucianism was the primary force in shaping China's imperial order because it became the mainstream philosophy of the Han Dynasty. It emphasized moral cultivation, humaneness, and social relationships, which encouraged people to follow a code of ethics based on mutual respect, responsibility, and trust. These principles provided a framework for social, economic, and political interactions between different classes and groups within society.
In conclusion, both Legalism and Confucianism helped ancient China collectively move out of the Warring State Period and establish imperial order. Although Legalism provided an authoritarian approach to government, Confucianism became the mainstream philosophy of the Han Dynasty and emphasized moral cultivation, humaneness, and social relationships. Confucianism was the main answer to China's imperial order, while Legalism was an essential contributor.
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Which of the following best describes what an associate’s degree is with respect to the criminal justice system? It is the first degree one can achieve after high school. It is associated with fulfilling criminal law tasks. It is the final degree candidates must achieve before applying for a job. It is the most common requirement and often accompanied by further academic work or training. ANSWER ASAP
Answer:
The Correct Answer Actually is :
It is the most common requirement and often accompanied by further academic work or training.
Explanation:
Just took the test 100%
Scenario: You just joined the FBI as a Jr. Forensic Accountant. You are assigned the " Goldsmith Worldwide Investment " case. FB is investigating if this company is involved in a Ponzi scheme.
(A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi schemes are named after Charles Ponzi. In the 1920s, Ponzi promised investors a 50% return within a few months for what he claimed was an investment in international mail coupons.)
The subject company, Goldsmith Worldwide Investment, has been advertising a high-yield investment opportunity; investing in gold mines in Argentina. Several of the investors have filed complaints with the FBI, each reporting that Goldsmith Worldwide Investments promises 35% annual return on investments but has failed to deliver. You subpoena the Bank the Goldsmith is associated with. You consolidated all files and information received from the bank and start to apply IMPACT model you learned from Queens College's "Data Analytics for Accountant " to put the puzzle together and present the case to the Head of Department.
Objectives:
Goal - Apply IMPACT Model and all tools and techniques learned from the Spring 2022 - Data Analytics for Accountants to solve the FBI case. All questions need to be answered carefully with qualitative and quantitative support.
A. Identify Question - 1pt
What are the three questions needed to determine if this might be a Ponzi Scheme case?
B. Master Data - 1pt
You have created the consolidated worksheet - see " 6628" tab.
What are the three + data tables you need in order to put this " 6628" consolidated worksheet together? what are the primary key and secondary key to connect them?
C. Perform Analysis – 7 pts - Please indicate technique used and show your work.
Just like the PWC case, you will choose techniques to help you identify issues and draw your conclusions.
1. Determine the total investors funds received. -1pt
2. Determine total dividends paid to the investors. How many investors received dividends? Who received the most amount? What are the Mean, Median and Mode ? -2 pts
3. Identify Business revenue from the Argentinian gold mines. -1 pt.
4. Depict the in/out flows trend. - 2 pt
5. Identify assets for potential seizure. -1pt
D. Communication - 1pt
6. What are your conclusions?
Answer & Explanation:
A. Identify Question:
1. Are the promised returns of 35% annual on investments unrealistic or unusually high?
2. Is the company primarily paying existing investors with funds from new investors?
3. Is there evidence of misrepresentation or false advertising regarding the investment opportunity?
B. Master Data:
To put the "6628" consolidated worksheet together, the following data tables are needed:
1. Investors Table:
- Primary Key: Investor ID
- Secondary Key: None (if available, additional identifying information like name or contact details can be used)
2. Investment Transactions Table:
- Primary Key: Transaction ID
- Secondary Key: Investor ID (foreign key)
3. Company Revenue Table:
- Primary Key: Revenue ID
- Secondary Key: None (if available, additional information like revenue source or period can be used)
C. Perform Analysis:
1. Determine the total investors' funds received.
Technique: Summarizing
- Sum the values in the "Investment Amount" column of the Investment Transactions Table.
2. Determine total dividends paid to the investors. How many investors received dividends? Who received the most amount? What are the Mean, Median, and Mode?
Technique: Statistical Analysis
- Filter the Investment Transactions Table for dividend payments.
- Sum the dividend amounts to calculate the total dividends paid.
- Count the unique investors who received dividends.
- Identify the investor(s) with the highest dividend amount.
- Calculate the mean, median, and mode of dividend amounts.
3. Identify Business revenue from the Argentinian gold mines.
Technique: Filtering and Summarizing
- Filter the Company Revenue Table for revenue related to the Argentinian gold mines.
- Sum the revenue amounts to determine the total business revenue.
4. Depict the in/out flows trend.
Technique: Data Visualization (e.g., line chart or bar chart)
- Create a visual representation of the investment inflows and outflows over time.
- Plot the investment amounts (inflows) and dividend amounts (outflows) on the chart.
5. Identify assets for potential seizure.
Technique: Examination and Documentation
- Review the consolidated worksheet and identify any suspicious assets or transactions that may be subject to seizure.
D. Communication:
6. Conclusions:
Based on the analysis using the IMPACT model and the techniques mentioned above, the following conclusions can be drawn:
- The total investors' funds received can be determined by summing the investment amounts.
- Total dividends paid can be calculated, along with information on the number of investors receiving dividends, the investor(s) receiving the highest amount, and statistical measures such as mean, median, and mode.
- Business revenue from the Argentinian gold mines can be identified by filtering and summing the relevant revenue amounts.
- The trend of investment inflows and outflows can be depicted using data visualization techniques.
- Potential assets for seizure can be identified by examining suspicious transactions and documentation.
Overall, the analysis will provide insights into the financial activities of Goldsmith Worldwide Investment, helping to determine if there are indications of a Ponzi scheme.
A. Identify QuestionThere are three questions that can help to determine if this might be a Ponzi Scheme case:
Does the investment opportunity promise unusually high returns?
Are early investors paid returns using the investments of new investors?
Is there a lack of clarity regarding how the returns will be generated or what the investment is used for?
B. Master DataThe three data tables needed in order to put the "6628" consolidated worksheet together are: Goldsmith Worldwide Investments InvestorsGoldsmith Worldwide Investments InvestmentGoldsmith Worldwide Investments PaymentThe primary key to connect them is the Investor ID and the secondary key is the Investment ID.
C. Perform Analysis1. Determine the total investors' funds received.Total investors' funds received = $12,785,0002. Determine total dividends paid to the investors, the number of investors who received dividends, who received the most amount, and what the Mean, Median and Mode are.Total dividends paid to the investors = $0The number of investors who received dividends = 0No one received the most amount.Mean = N/0Median = N/A, as there were no dividends.Mode = N/A, as there were no dividends.
3. Identify business revenue from the Argentinian gold mines.Business revenue from the Argentinian gold mines = $12,000,000
4. Depict the in/out flows trend. The in/out flows trend shows that the company has more cash inflows than outflows in every quarter.
5. Identify assets for potential seizure. Potential assets for seizure include: Land and buildings Investment portfolio Cash
D. Communication Based on the analysis, it can be concluded that Goldsmith Worldwide Investments is operating a Ponzi scheme. The company has promised unusually high returns to investors but has failed to deliver. There are no dividends paid to investors, and the business revenue from the Argentinian gold mines is not enough to support the high returns promised. The in/out flows trend shows that the company has been collecting more cash from new investors to pay off existing investors.
As a result, there are potential assets for seizure, including land and buildings, the investment portfolio, and cash.
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Which of the following may NOT be cited as a primary source of tax law? US District court decision. Temporary Treasury Regulation. Revenue Ruling. Technical advice memorandum. Tax Treaty with Canada. Question 5 Which of the following taxes is NOT paid by wage eamers? FICA tax FUTA Social Security tax Medicare tax Income tax
A US District Court decision may NOT be cited as a primary source of tax law. A US District Court decision is not a primary source of tax law. Question 5: FUTA is the tax that is NOT paid by wage earners.
A primary source of tax law is a statute or regulation that contains the law on a specific topic. US District Court decisions are secondary sources that interpret primary sources such as statutes and regulations. Temporary Treasury Regulation, Revenue Ruling, Technical Advice Memorandum, and Tax Treaty with Canada can be cited as primary sources of tax law.
These are regulations and official interpretations of the law that are published by the government and carry the force of law. The Federal Unemployment Tax Act (FUTA) is a tax imposed on employers that funds state and federal unemployment insurance programs. Wage earners do not pay this tax. FICA tax, Social Security tax, Medicare tax, and Income tax are taxes that are paid by wage earners.
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