...discontinuing business with Marshall as he may file a lawsuit against me for various reasons. If it comes to that some legal defense I may have include; covenants of good faith, minor’s capacity to contract and fraud in the execution of a contract. First I would like to explore covenants of Good faith. Going into this deal with Marshall it began based off covenants of good faith and fair dealings. Per what we verbally discussed I would supply Marshall with a scheduled quantity of product. Since making that verbal agreement, I have consistently supplied Marshall with the products we have agreed upon on time. However Marshall has been habitually late with payments and even though I could impose fees as stated per the invoices sent, I have not. By Marshall trying to force me into a contract this could potentially hinder the performance of my company. Due to the demand of my new contract this will cause several components to restructure within the company. As stated in The Implied Covenant of ‘Good Faith’, “the covenant of good faith and fair dealing imposes a duty on one party to cooperate and not to hinder the occurrence of a condition to that party's performance” (Mrowiec, 2001). Unbeknownst to me, my son who was 17 at time, signed a contract that was given to him by Marshall to sign on my behalf. At the time the contract being signed not only...
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...Introduction Richard Martin Scrushy was born in 1952 in Selma Alabama. Richard is the son to Gerald and Gerri Scrushy. Gerald was a cash register salesman and Gerri was a registered nurse (Watson, 2005, p. 2). Richard worked until he became successful, wealthy, and powerful. He was able to obtain the American dream of family, security and wealth. In 2003, an accounting scandal threatened to change his career, his wealth, and his freedom. The Securities and Exchange Commission (SEC) filed a civil law suit against HealthSouth Corporation and Richard M. Scrushy. The SEC charged that the company inflated their books by $1.9 billion since 1999 (SEC, 2003). The filing of these charges had a multiple impact on the stakeholders. The ethical dilemmas that caused the rise and fall of Richard M. Scrushy will be reviewed. Scrushy’s Beginnings Scrushy began his humble beginnings in Alabama. Watson (2003), biography of Scrushy reports he dropped out of high school and worked as a gas station attendant and later a bricklayer. He eventually returned back to school and earned his high school diploma. Later Scrushy enrolled at Jefferson State Community College in Birmingham. He did a year at Jefferson State and a year of clinical training at the University of Alabama at Birmingham (UAB). Scrushy graduated in 1974 as a certified respiratory therapist (Watson, 2003, p. 1). Once Scrushy graduated with the certification of a respiratory therapist, he began climbing the ladder...
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...IDENTITY THEFT NAME: INSTITUTION: IDENTITY THEFT Identity theft refers to a situation where a person uses information used to identify another person, such as their name, credit card number or social security number without their permission, in order to commit fraud or other crimes. In other words, it is stealing the identity of a certain person and pretending to be that person by assuming their identity, usually so as to access their resources or to obtain recognition and other profits in their name (Cheney, 2005). There are many forms of crime related to identity theft. Some identity thieves rent apartments or get credit cards or phone accounts in the names of their victims. These victims may not learn out about it for some period of time, until they notice some charges they did not make, or are contacted by a person or people claiming that they owe them. It may sometimes cost them hundreds or thousands of dollars and a lot of time while trying to undo the damage (Keith, 2005). Identity theft could ruin an otherwise spotless reputation. It could also lead to much suffering if the victims are held responsible for the thief’s actions. TYPES OF IDENTITY THEFT Identity theft can be divided into the following categories: • Criminal identity theft, that is, pretending to be another person when arrested for an offense • Child identity theft. • Financial identity theft, that is, using the identity of another...
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...Brandon Bordwine Professor Ramey 1/22/2016 Online Poker and Internet Gambling In this paper I will be discussing the issues of online poker and Gambling. The wire act was implemented in September of 2011 by the Federal Government and this made it illegal to transfer money online for the purpose of gambling. In 2007, the head of the FBI's Cyber Crime Fraud unit, Leslie Bryant, issued a stern warning to Americans: "You can go to Vegas. You can go to Atlantic City. You can go to a racetrack. You can go to those places and gamble legally. But don't do it online. It's against the law." (POKER FACE Business Source Complete). Four years later, the U.S. Department of Justice unsealed indictments against the online poker industry's top three poker sites, Full Tilt Poker, Poker stars, and Absolute Poker. The companies, all located offshore, were hit with a bunch of charges, including wire fraud, bank fraud, money laundering and operating in the U.S. in violation of the Unlawful Internet Gambling Enforcement Act (UIGEA).This was a devastating blow to the poker community and online poker was never the same in the United States. Poker players refer do this say as, “Black Friday.” I believe this is a problem and that Americans should have the right to do with their money as they please. Poker is a game of skill, otherwise there wouldn’t be tournaments and the same people wouldn’t win tournaments and make millions of dollars. It is considered a sport now and is shown...
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...#: 297099-PDF-ENG Case Study 2 – Enron and Arthur Andersen Enron Corporation Case Study 2 – Enron and Arthur Andersen Enron Corporation began as a small natural gas distributor and over the course of 15 years grew to become the seventh largest company in the United States. Soon after the federal deregulation of natural gas pipelines in 1985, Enron was born by the merging of Houston Natural Gas and InterNorth, a Nebraska pipeline company. Initially, Enron was merely involved in the distribution of gas, but it later became a market maker in facilitating the buying and selling of futures of natural gas, electricity, broadband, and other products. However, Enron’s continuous growth eventually came to an end as a complicated financial statement fraud and multiple scandals sent Enron through a downward spiral to bankruptcy. During the 1980s several major national energy corporations began lobbying Washington to deregulate the energy business. Their claim was that the extra competition resulting from a deregulated market would benefit both businesses and consumers. Consequently, the national government began to lift controls on who was allowed to produce energy and how it was marketed and sold. But, as competition in the energy market increased, gas and energy prices began to fluctuate greatly. Over time, Enron incurred massive debts and no longer had exclusive rights to its pipelines. It needed some new and innovative business strategies. Kenneth Lay, chairman and CEO, hired the consulting...
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...political power in real life. In Sir Gawain and the Green Knight poem is represented by two women mentioned above. “Morgan the Goddess therefore is now her name; none has such high haughtiness that she cannot make full tame” (¶ 98, P. 83). Even though Morgan la Faye, considered to be “The Goddess”, does not appear much in the poem, she represents a certain passive feminine power. Nonetheless, Lord Bertilak’s wife is shown as an active feminine power. She embodies a male character and specifically in the room scenes. I mean, she takes the initiative to seduce him when are men who normally do it. Plus, she attempts three times but he refuses her. “The lady bends her adown and sweetly she kisses his face; much speech they there expound of love, its grief and grace” (¶ 59, P. 62). Lady Bertilak takes control over the room scenes. As Jane Burns indicates “While the Lady is being forward and outgoing,...
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...constitutional, to support that legislation is a necessary requirement in today’s global corporate environment, in which some of the largest corporations have proven that, left to their own devices, they will gravitate toward corporate malfeasance. The Sarbanes-Oxley Act of 2002: WorldCom. Enron. Adelphia. Global Crossing. What do all these companies have in common? They will always be synonymous with the following: financial fraud, corporate malfeasance, internal corruption, and the reason behind the passage of the Sarbanes-Oxley Act of 2002 (SOX). Not since the Crash of 1929 and the subsequent passage of the Securities Act of 1933 and the Securities Exchange Act of 1934 (Bumgardner, 2003, para. 2), had the country seen such a push for financial reform. Triggered by investigations into corporate fraud by some of the largest and most successful corporations in the world, SOX would be marketed as the antidote to the epidemic of corporate corruption; that is until the financial crisis of 2007-2010. The purpose of SOX was to prevent and detect fraud in financial statement reporting, increase corporate transparency and accountability, as well as restoring the public’s confidence in the stock market. Has SOX had an impact on ethical financial...
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...Canadian operations, although that case was subsequently dropped. A 2009 ruling in Japan found that the company, which had tried to avoid paying corporate tax in the country, was in fact liable to pay. Controversy over taxation has arisen on multiple occasions: It was reported in 2012 that Amazon is under investigation in the UK, while in the US the company has attracted criticism for only collecting sales tax from customers in five states. Compounding these problems, there have been reports of poor treatment of workers, with allegations of summary dismissals for health problems and anti-unionization tactics including mass layoffs. Some controversies have centered around content. The bookstore has carried titles such as The Pedophile's Guide to Love and Pleasure and cock-fighting magazine The Game Cock, which has attracted condemnation and even legal action from various organisations. Amazon and others have cited freedom of speech as justification for stocking controversial work. In contrast however, there have been reports of potential censorship, where material in fields such as feminism and sexual identity has been flagged as "adult content" and...
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...Notes for the Course: Religion and Ethics in our Modern Society, 2012 By Dr H Ndlovu Definition and Nature of Christian Ethics Ethics is derived from the Greek word “ethos” that is also comes from another word “ethika.” Ethika means norms, conventions, values, customs the society. Thus ethics is a discipline that examines one’s moral standards or the moral of a society. These are absorbed from family, church and friends. Why Study Ethics There are nine reasons why human beings have to study ethics. 1. Human beings are capable of reasoning from cause to effect with the understanding that everything done has effect. 2. Human beings are capable of making choices after comparing the alternatives, that is, internal and external. People have two cells namely: a. Real – what we have now b. Ideal – what we are aiming at 3. Human beings are self – conscious. This means we can study ourselves by being a subject and be the object at the same time. 4. Human beings are finite or limited not knowing what will happen from the next moment or next door. Thus, we must have principles to apply when situations comes. 5. Human life is an active dynamic phenomenon – We do something as if we do nothing. 6. People also can be taught to be good (Isaiah 1 :18) 7. Human beings are capable of filing an obligation 8. Human beings are also capable of understanding what moral terms like freedom, dignity and so on affects other people. 9. Finally, human beings need to survive. Human civilization...
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...Ryan G. Ritchie December 13, 2015 Leadership Biography Review Book Reviewed: McCasland, D. (1993). Oswald Chambers: Abandoned to God. Grand Rapids, Mich.: Discovery House. Introduction and Thesis In the shadow of the Nile River, at the Cairo War Cemetery, surrounded by more than 2,000 British soldiers from World Wars I and II, there is a headstone that reads, “REVREND OSWALD CHAMBERS - BELIEVER IN JESUS CHRIST.” Nothing greater or truer could be said of any individual that has graced this earth. Although his death was tragic and unexpected, God used that event to unleash the power of his life’s work. God does what He pleases, and His plans are not always known to us. Many questioned why God chose to take a devoted man like Oswald Chambers from this earth at such a young age. Not among these was his wife, Gertrude “Biddy” Chambers. In the wake of his passing, she continually prayed the words of Psalm 142:7, “Bring my soul out of prison, that I may praise Thy name: the righteous shall compass me about; for Thou shalt deal bountifully with me.” She sent a cable to loved ones that simply read, “Oswald in His presence,” and then quickly went back to the work of war relief in Cairo. History will remember Oswald Chambers through the words of the best-selling daily devotional ever written, “My Upmost for His Highest.” This paper will explore what his upmost looked like; the critical incidents of his life and how God used his wife, Biddy Chambers, to bring his ministry...
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...in 1983, she replaced Darlene Herzog, who had to retire due to health problems. This placed Rita at the top of the financial department of City Hall, being named both the treasurer and the comptroller. It was the start of what would eventually lead her to be taken out of her office in handcuffs almost 30 years later. Dixon is a small town in the northern part of Illinois. It has a population of nearly 16,000 and was never rolling around in the excess money the town owned. In fact, Dixon had a relatively small budget (in 2012, their budget is $47 million) and was struggling to make minor improvements that were necessary to the town. Rita’s annual salary was $80,000. Aside from working with the town, she also continued her childhood love for horses and was competing regularly in horse shows. The town knew she was very successful with the shows, so no one ever...
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...Licensed to: iChapters User Licensed to: iChapters User Fraud Examination, Fourth Edition W. Steve Albrecht Chad O. Albrecht Conan C. Albrecht Mark F. Zimbelman VP/Editorial Director: Jack W. Calhoun Editor-in-Chief: Rob Dewey Sr. Acquisitions Editor: Matt Filimonov Associate Developmental Editor: Julie Warwick Editorial Assistant: Ann Mazzaro Marketing Manager: Natalie Livingston Marketing Coordinator: Nicole Parsons Content Project Management: PreMediaGlobal Sr. Manufacturing Buyer: Doug Wilke Production House/Compositor: PreMediaGlobal © 2012, 2009 South-Western, Cengage Learning ALL RIGHTS RESERVED. No part of this work covered by the copyright herein may be reproduced, transmitted, stored, or used in any form or by any means graphic, electronic, or mechanical, including but not limited to photocopying, recording, scanning, digitizing, taping, Web distribution, information networks, or information storage and retrieval systems, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without the prior written permission of the publisher. For product information and technology assistance, contact us at Cengage Learning Customer & Sales Support, 1-800-354-9706. For permission to use material from this text or product, submit all requests online at www.cengage.com/permissions Further permissions questions can be e-mailed to permissionrequest@cengage.com Library of Congress Control Number: 2010940986 ISBN-13:...
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... STEVEN L. SKALAK, AND MONA M. CLAYTON JOHN WILEY & SONS, INC. This book is printed on acid-free paper. Copyright © 2006 by PricewaterhouseCoopers LLP. PricewaterhouseCoopers refers to the individual member firms of the worldwide PricewaterhouseCoopers organization. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Published simultaneously in Canada. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6011, fax 201-748-6008, or online at http://www.wiley.com/go/permissions. Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness...
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...…………………………………………………………… 08 Logical trust ………………………………………………………… 08 Survey …………………………………………………………… 08 Summary …………………………………………………………………… 09 Conflict of interest …………………………………………………………… 10 Conflict of Interest at the Individual level …………………………………………… 10 Conflict of Interest or Intellectual Bias ………………………………………… 11 Summary …………………………………………………………………… 11 Information access …………………………………………………………… 12 First Aspect of Definition …………………………………………………………… 12 Summary …………………………………………………………………… 13 Forgery …………………………………………………………… 14 First Aspect of Definition …………………………………………………………… 14 Hitler diaries ………………………………………………………… ………………14 Summary ……………………………………………………………………………15 Fraud Supplementation of Salary ………………………………………………………….16 False Statement …………………………………………………………………………16 Misuse of Government Property ………………………………………………………..17 CONCLUSIONS (CRITICAL THINKING) …………………………………………18 REFERENCES …………………………………………………………………..19 abstract Deloitte is one of the Big Four Accounting Firms. Deloitte operates through four member firms that provides services including tax, audit, financial advisory, consulting. In this paper, we tried to analyze the professional practices of Deloitte as is consistent with business etiquette. Etiquette as is define be Merriam-Webster online dictionary is the conduct or procedure required by good breeding or prescribed by authority to be observed in social...
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...DMBA 610 Knowledge Integration Exam Fall 2015 ________________________________________Please read all instructions carefully before you begin. 1) Use the provided Student Exam Answer Sheet. Include your responses to all questions in the column, “Your Response” next to the appropriate question. This ONE Exam Answer Sheet document should be saved with your last name and "final," -- e.g. "Smithfinal"-- and posted in your Assignment Folder no later than 11:59 PM (EST), Sunday, November 15th, 2015. This exam also must be submitted to Turnitin.com It is recommended that you submit your exam to Turnitin.com at least 24 hours before the deadline to allow you sufficient time to address any issues identified in the Originality Report prior to posting your exam in your Assignment Folder. Please note: The exam questions are already included on the Answer Sheet. If the exam content is recognized as non-original by Turnitin, it will be ignored in analyzing your Turnitin report. Do not include any repeat of the exam case content on your Answer Sheet. Only place your answers and references on the Answer Sheet. 2) No extensions may be granted on this assignment; be sure to submit it on time and check to make sure that the document you submitted is readable and what you intended to submit. NOTE: This is an individual assignment. Any discussion or collaboration regarding the assignment constitutes a violation of UMUC's Academic Dishonesty and Plagiarism Policy. If you have any...
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