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*Please answer BOTH questions!* Under what circumstances would the Company be liable for the acts of its Third Parties? a. If the Company had prior
*Please answer BOTH questions!*
Under what circumstances would the Company be liable for the acts of its Third Parties? a. If the Company had prior knowledge of or should reasonably have known about the bribes: b. If the cireumstances indicate that the Company ignored conduct that violated the Anti-Bribery Laws. c. Both and b d. Neither a nor b. A company is never liable for the acts of third parties. QUESTION 14 Companies may commit fraud by failng to approrpriately account for loss contingencies (e.g, expected payments related to litigation or tax disputes). Accounting rules require that iosses be acorued for such contingencies when which of the following conditions exist? a. There is a probable loss only b. The loss can be reaosnable estimated c. There is a probeble loss and the amount of the loss can be reasonably estimated. d. None of the above Step by Step Solution
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