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a) My company is being sued for $1,000,000. We are fighting the lawsuit and believe we will be successful in beating the lawsuit but it will likely cost us $100,000 in attorney bills and associated costs. Even though we think we will beat the lawsuit, we should discuss the lawsuit in the notes to the financials and we should recognize a pending liability of $1,100,000 on our balance sheet. True or False
b) When two companies form a joint venture and each company owns exactly 50% of the joint venture, both parent's consolidate one half of the joint venture. True or False
over the past several weeks you have been learning about the various issues surrounding the challenges and numerous
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New Jeresey enacts a statute to ban advertising in “bad taste.” This statute would likely beheld by a court to be:
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You work for a grocery store and a new manager is hired to oversee your department. He comes into your department (the butcher shop) and explains to you that for the past 6 months, your department has been losing money for the store because of the wa..
The idea of global warming has not been universally accepted. Discuss how the law must balance competing scientific opinions and make decisions in light of uncertainty. How should this be done?
What are the observable artifacts, espoused values, and basic assumptions associated with Cisco's culture? Explain.
Describe at least two actions a manager can take to protect her- or himself and the organization she or he represents from a tort lawsuit.
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