Should the term responsible corporate officer be explicitly defined by statute, or should courts make this determination
Question:
Should the term “responsible corporate officer” be explicitly defined by statute, or should courts make this determination on a case-by-case basis?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The question of whether the term responsible corporate officer should be explicitly defined by statu...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Social Science questions
-
Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...
-
The Rome Statute only recognizes personal jurisdiction over natural persons who are over the age of 18. There is no such thing as corporate criminal liability under the Rome Statute. In other words,...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
In Exercises 1 through 28, differentiate the given function. y = 2x
-
What is the universal standard of time?
-
A simplified relation for heat transfer in natural convection from a vertical wall is of the form \[h=A(\Delta T / x)^{B}\] where \(A\) and \(B\) are fitting constants. Determine the values of these...
-
What is chance in the context of a research hypothesis? And what do we do about chance in our experiments? .
-
College Supply Company (CSC) makes three types of drinking glasses: short, medium, and tall. It presently applies overhead using a predetermined rate based on direct labor-hours. A group of company...
-
A straight 25 cm pipeline 5 km long is laid between two reservoirs having a difference of levels of 40 mtrs. To increase the capacity of the system, an additional 2.5 km long 2.5 cm pipe is laid...
-
Does your community impose criminal penalties for violations of zoning regulations? If so, are violations treated as strict liability offenses? Why is it often more effective for a local governmental...
-
Are criminal sanctions essential to the effective enforcement of food, drug, and cosmetic laws?
-
Determine an appropriate viewing rectangle for the given function and use it to draw the graph. f(x) = cos(0.001x)
-
Giovanni is planning to purchase an Australian Treasury bond with a coupon rate ( j 2 ) of 4.48% and face value of $100. The maturity date of the bond is 15 May 2033. Giovanni's bond matures at par....
-
4. With reckless disregard for safety and the law, you set your high-performance rocket cycle on course to streak through an intersection at top speed. Approaching the inter- section, you observe...
-
What is 3 7 ( m / s ) in mph ( mile per hour ) ? 1 mile = 1 . 6 0 km , 1 km = 1 0 0 0 m , 1 hr = 3 6 0 0 s . If your answer is integer, give an exact value, for example 3 0 . If your answer is...
-
Jensen Sports has outstanding an issue of preferred stock with a par value of $100. It pays an annual dividend equal to 6% of par value. If the required return on Jensen preferred stock is 8%, and if...
-
Your friend is tired of being single and wants to find someone with whom to have a relationship as soon as possible. Said friend, being inexperienced in relationships, asks you, "Who will be...
-
(a) Compute the current I = dQ/dt from the solution of Equation 31-47b given in Problem 91, and show that Where I 0 = Q 0 . (b) Show that this can be written Where tan = R/2L. When R/2L is small,...
-
If the cylinder described in Problem 21.3 were initially heated to 500F, how long would it take for the center of the cylinder to cool to 240F if it were constructed of a. Copper? b. Brass? c. Nickel?
-
What is a subprime mortgage? How does it differ from a standard fixed-rate mortgage?
-
Ruth Ann borrows $175,000 from Sunny Valley Bank to buy a home. What are the major terms of the mortgage that must be disclosed in the writing under the Truth-in-Lending Act?
-
In a Chapter 11 reorganization, what is the role of the debtor in possession?
-
The June 30, 20X7, balance sheet of Texas Golf Carts reports the following: Accounts receivable...... $143,000 Allowance for Uncollectible Accounts (Cr) ....... 3,200 At the end of each quarter,...
-
East Horizon uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials...
-
The following data were gathered to use in reconciling the bank account of Donovan Company: Balance per bank $14,385 Balance per company records 11,200 Bank service charges 60 Deposit in transit...
Study smarter with the SolutionInn App