Reference no: EM131040833
Part 2:
1. On what basis are misdemeanors and felonies distinguished?
2. What are the elements of a crime?
3. What are some of the crimes affecting businesses?
4. What are some important constitutional protections of individuals' rights that apply in the area of criminal law?
5. Is the global reach of the Internet a reason in support of a court's assertion of authority over activities that occur in another jurisdiction? Discuss.
6. Could probable cause exist to detain a suspect and conduct a search if the suspect has multiple e-mail accounts, regularly uses the Internet, is sophisticated with computers, and knows how to protect access to passwords and accounts? Explain your answer.
7. Suppose that a foreign nation does not prosecute cyber criminals and does not cooperate with U.S. authorities to investigate cyber crimes against U.S. citizens. What effect might this have on the deterrence or proliferation of cyber crime?
8. The media has exposed Web sites that purported to sell tickets to certain concerts and would accept credit and banking information from would-be buyers but did not deliver the tickets. What can consumers do to avoid being duped by such fraud?
9. Why will cyber crime always be a worldwide problem? Explain your answer.
10. Considering the cyber crime discussed in this chapter, what are the greatest risks to an information technology system or computer network in a business environment?
Part 2:
1. Identify the broad areas of a professional's potential common law liability to clients.
2. What is the accountant's duty of care?
3. How can a professional limit his or her liability?
4. An accountant's potential common law liability for negligence may extend to what third persons?
5. What alternatives does a client have when he or she is dissatisfied with an attorney?
6. How can an accountant avoid liability under the Securities Act of 1933?
7. How might an accountant be liable under the Securities Exchange Act of 1934?
8. What are working papers? Whose property are they?
9. What are a client's rights in regard to working papers?
10. What is the difference between the attorney-client privilege and the accountant-client privilege?
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Functions within accounting and finance
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What are the ones that give the most effect
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Large tract of land and subdivides it for sale
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Misdemeanors and felonies distinguished
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Collection process generates revenues
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