Henri was employed as an executive chef at an exclusive restaurant for many years. He was internationally famous for many of his gourmet dishes, and was the author of several books on gourmet cooking.
A small chain of exclusive hotels wished to incorporate gourmet restaurant facilities in each hotel as an added incentive for executives and wealthy clientele to patronize its establishments. Henri was approached by the President of the hotel chain and offered the opportunity to manage the gourmet restaurant facilities throughout the chain, and to assume responsibility for all aspects of the operation. Henri accepted the position, and proceeded to set up the restaurants at each hotel, to hire and train the new staff, and to plan all menus and food management.
The restaurants proved to be a great success initially, and for several years proved to be a significant contributor to the profits of the hotel chain. A downturn of the economy, unfortunately, affected the hotel industry generally, and the small chain in particular. In an effort to economize, the President approached Henri with a request to reduce the costs of operation of the gourmet restaurants through staff reductions, and the use of lower cost food ingredients. Henri refused, and in the heated discussion that followed, Henri was terminated for insubordination. Henri then instituted legal proceedings against the hotel chain, claiming wrongful dismissal.
1. Outline the positions of each of the parties in this case.
2. How might the court consider these arguments? Render, with reasons, a decision.
3. Who is the plaintiff and defendant?
4. What charge of the case?
5. What are the argument for Henri and the President of the hotel?
6. What is the Final opinion?
Questions 25 thru 20 refer to Theresa Kearney Corporation whose Income Statement showed Net Income [for book purposes] Before Taxes of $20,000. The tax rate is 25%. [Consider each question as a stand-alone scenario] 25] 25] 27] 29] If Depreciation Expense for tax purposes is $4,000 higher than what was used for book purposes, the entry to record taxes is : A] Income Tax Expense...4,000 Income Tax Payable......4,000 B] Income Tax Expense ..... 4,000 Deferred Tax Asset.......1,000 Income Tax Payable ...... 5,000 C] Di Income Tax Expense ..... 5,000 Income Tax Payable.........5,000 Income Tax Expense ..... 5,000 Deferred Tax Liability.......1,000 Income Tax Payable.........4,000 If book Revenues [correctly] excluded $4,000 of cash collected related to ng year, the entry to record taxes is: Revenue that will be earned in a followi A] Income Tax Expense...5,000 Income Tax Payable......5,000 0] Income Tax Expense ..... 5,000 Income Tax Payable.........6,000 B] Income Tax Expense ..... 5,000 Deferred Tax Asset.......1,000 Income Tax Payable ...... B, 000 Di Income Tax Expense ..... 5,000 Deferred Tax Liability.......2,000 Income Tax Payable.........4,000 If book Revenues included 84,000 that will not be taxable until a following year, the entry to record taxes is: A] Income Tax Expense...4,000 Income Tax Payable ..... 4,000 0] Income Tax Expense ..... 5,000 Income Tax Payable.........5,000 B] Income Tax Expense....4,000 Deferred Tax Asset......1,000 Income Tax Payable ...... 5,000 D] Income Tax Expense ..... 5,000 Deferred Tax Liability.......1,000 Income Tax Payable.........4,000 If the Expenses include 54,000 of items that are permanently deductible for tax purposes, the entry to record taxes Is : A] Income Tax Expense...4,000 0] Income Tax Expense ..... 5,000 Income Tax Payable ..... 4,000 Income Tax Payable.........5,000 B] Income Tax Expense....4,000 D] Income Tax Expense ..... 5,000 Deferred Tax Asset......1,000 Income Tax Payable ...... 5,000 Deferred Tax Liability ..... 1,000 Income Tax Payable.........4,000 Question 3 Some researchers who utilise Legitimacy Theory posit that organisations will attempt to operate within the terms of their 'social contract". What is a social contract? Question 4 In 2006 the Australian Government established an inquiry into corporate social responsibilities with the aim of deciding whether the Corporations Act should be amended so as to specifically include particular social and environmental responsibilities within the Act. At the completion of the inquiry it was decided that no specific regulations would be added to the legislation, and that instead, 'market forces' would be relied upon to encourage companies to do the 'right thing' (that is, the view was expressed that if companies did not look after the environment, or did not act in a socially responsible manner, then people would not want to consume the organisations' products, and people would not want to invest in the organisation, work for them, and so forth. Because companies were aware of such market forces they would do the 'right thing' even in the absence of legislation). You are required to explain the decision of the government that no specific regulation be introduced from the perspective of: 1. Public Interest Theory 2. Capture Theory 3. Economic Interest Group Theory of regulation.Question 1 The purpose of the American federal system of government is to: A, Ensure the property rights of the citizens of each state. O B. Recognize the need for a central government to deal with certain issues on behalf of all citizens of the nation. O c. Ensure that all states have the same laws. O D. Ensure full employment of federal public employees. Question 2 The U.S. Constitution regulates: O A. The power among the branches of the federal government. O B. Interaction of U.S. citizens with citizens of other countries. O c. State enforcement of day-to-day issues of state citizens. D. Private contracts between state citizens. Question 3 State legislation is intended to: A Be discriminatory to undocumented persons. O B. Express the rules for behavior passed by the elected representatives for the conduct of each state's citizens. O c. Provide guidance to federal courts. O D. Be unfair to certain citizens of the state. Question 4 The three branches of the U.S. Government are: O A Criminal, civil and legal. O B. Military, private and industrial. c. Judicial, legislative and executive. O D. Congress, senate and executive. Question 5 A contract of adhesion is: A One that has not been reduced to writing. B. One in which the object of the contract is illegal conduct. o c. One in which a stronger party is able to dictate terms to a weaker party. o D. Where a corporation forms an oral contract. Question 6 Construction contracts: O A Are usually unfair to one party- O B, May be considered a source of law by courts. O c. Are not commonly used in construction. O D. Are almost always altered by parties. Question 7 What is the difference between courts of general jurisdiction and those of limited jurisdiction?Question 4 (1 point) Oral contracts are: O always enforceable O void for fraud sometimes enforceable O always unenforceable Save Question 5 (1 point) Unless the contract specifies otherwise, each of the following contract duties can be delegated except: O A store's duty to deliver a computer to the buyer's house O A surgeon's duty to perform a back operation O A landscape company's duty to clear snow from a parking lot O A repair shop's duty to repair a computer Save 13 3/24/11 8:51 AM Pete agrees to sell two used snowmobiles to Aaron. When Aaron arrives to pick them up, he says, "Where's the trailer they were on when I inspected them?" Pete replies that the trailer wasn't included in their deal. The written contract doesn't say anything about the trailer. If their disagreement winds up in court, the trailer is most likely: D Part of the deal because of the Parol Evidence Rule. O Not part of the deal because of the Statute of Frauds. O Not part of the deal because of the Parol Evidence Rule. O Part of the deal because of the Statute of Frauds. SaveQuestion 3 ccounting theorists? Some researchers who utilise Legitimacy Theory posit that organisations will attempt to operate within the terms of their 'social contract'. What is a social contract? Question 4 In 2006 the Australian Government established an inquiry into corporate social responsibilities with the aim of deciding whether the Corporations Act should be amended so as to specifically include particular social and environmental responsibilities within the Act. At the completion of the inquiry it was decided that no specific regulations would be added to the legislation, and that instead, 'market forces' would be relied upon to encourage companies to do the 'right thing' (that is, the view was expressed that if companies did not look after the environment, or did not act in a socially responsible manner, then people would not want to consume the organisations' products, and people would not want to invest in the organisation, work for them, and so forth. Because companies were aware of such market forces they would do the 'right thing' even in the absence of legislation). You are required to explain the decision of the government that no specific regulation be introduced from the perspective of: 1. Public Interest Theory 2. Capture Theory 3. Economic Interest Group Theory of regulation
