The Europeans have structured their system to provide for resolution of competition law issues after the transaction has taken place, typically through litigation

The profession's ethical standards most likely are violated when a CPA represents that specific consulting services will be performed for a stated fee and it is apparent at the time of the representation that the

a. Actual fee would be substantially higher b. Actual fee would be substantially lower than the fees charged by other CPAs for comparable services c. CPA would not be independent d. Fee was a competitive bid

Which of the following statements is true about punitive damages?

A) They can be awarded in a case where no nominal or compensatory damages are awarded. B) They are designed to put the victim in the position he or she would have been in had the tort never taken place. C) The Supreme Court has defined the maximum punitive damages that can be awarded as a ratio of compensatory to punitive damages awarded. D) They are considered by some to be unconstitutional on the ground that they violate defendants' due process rights.