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Bill and Hillary are friends. Bill has recently retired and now has $450,000 in super. He asks Hillary, an accountant, if he should invest $200,000 of his super funds in Midget Widgets Ltd. Hillary tells Bill that she has looked at the accounts of that company and it is a good investment. Hilary does NOT charge Bill for her services, as they are friends. Unfortunately, Hillary has misread the accounts of the company, which is almost insolvent. Bill invests his money and Midget Widget immediately goes into liquidation and Bill loses all $200,000. Bill discovers that many accountants/financial planners were aware of the poor financial position of the company and warnings had been published in several accounting journals and financial newspapers that Midget Widget was in financial trouble. Discuss whether Bill has any legal rights against Hilary. In your answer consider if the legal position would be different if Hilary had charged Bill for her services.
As detailed in this chapter, the radio and recording industries attempted to get around laws prohibiting payola through use of independent promoters. They were eventually exposed and severely fined for this practice in the late 2000s. Looking back ov..
Rewarding change is a concept of motivation. Which of the following statements is NOT true?
Project teams are used in different areas to and developments section in a company. Explain how Project Managers are under great pressure compared to the rest of the project team and explain what stressors project managers encounter?
What can you infer about each company's business strategy and organizational culture? How are these differences in strategic type likely played out in how each company manages human resources?
a. What is Office Supreme's optimal ordering quantity? b. What is the reorder point? c. What is the annual number of orders? d. What is the optimal interval (in working days) between orders? e. What are the annual carrying cost, ordering cost and ..
The stock of the pharmaceutical company is trading at $40. There are currently two options trading: a European call option with a strike price of $45 and a European put option with the same strike price of $45. Both options have the same maturity of ..
Give an example of some incongruity that you have experienced that challenged you to recognize one of your assumptions. Describe the discomfort you felt when you could not resolve this incongruity. What did you do to resolve it? How did you feel once..
What particular business transactions or techniques might you recommend to a client wanting to expand her or his business yet reduce their net taxable self-employment income between now and the end of the calendar year. Assume the client is on a cale..
A manufacturing company forecasts to sell 220 units in the month of November. As of October 25th, they have orders for 60 units the week of 11/2, 40 units the week of 11/9 and 17 units the week of 11/16. Safety stock is 5 units and the starting inven..
What are the major priorities associated with operations strategy? How has their relationship to each other changed over the years?
Developing an understanding of the content and complexity of the project is the purpose of -developing a project charter activity of the project planning phase.
Select two reasons why people resist change and, for each of them, suggest a method for overcoming that resistance. Which two types of change resistance do you think are most common and why? The lecture and textbook state that some change is welcomed..
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