Edward, an attorney, allows a statute of limitations to lapse on a claim by Fabrication Company, a client. Edward

a. can be held liable for malpractice.
b. has violated an ethical standard but cannot be held liable.
c. is subject to criminal penalties under the statute of limitations.
d. will be automatically disbarred.

A

Business

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An 8 year project is estimated to produce a product with the following information: selling price = $80 per unit; variable costs are $65 per unit; fixed costs are $20,000; required return is 10%; initial investment = $200,000. Calculate the accounting break-even.

A) 3,833 B) 4,833 C) 4,000 D) 3,000

Business

The principal is not liable for an agent's negligence if the agent is on a dual-purpose mission

Indicate whether the statement is true or false

Business