Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN: 9781337485913
Author: BROOKS
Publisher: Cengage
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How often are donor restrictions violated?
6. Explain how moral hazard could lead people to under-save if social security were
replaced by voluntary personal accounts.
The following are elements of donation, which one is not ?
Capacity of the donee to make the donation
Capacity of the donor to make the donation
The donative intent or intent to make a gift on the part of the donor
The delivery and acceptance of the donation
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- 1. Giving a gift to someone else is a show of kindness or generosity to express your appreciation. Distinguish some times these acts might be construed as fraud.arrow_forwardDifferentiate or distinguish when giving or accepting gifts/hospitality to someone else in a good heart and a fraud? Provide an opinion on how to manage these conflicts.arrow_forwardAt one time, it was felt that liability insurance would undermine the tort system, which has as its central theorem the concept that the individual responsible for injuring another should be made to pay for that injury. Do you think the existence of liability insurance causes one to be less careful than he or she might otherwise be?arrow_forward
- How do I evaluate whether whistleblowing is a moral practice or not?arrow_forwardDoes government social security programs solve the adverse selection and moral hazard problems?arrow_forwardIf a transferor is concerned about shielding his assets from a creditor, which of the following transfer techniques should he utilize? I. He should create a testamentary bypass trust. II. He should transfer his assets to an UTMA for his minor child. III. He should transfer his assets to a Section 2503(c) minor's trust and name an independent trustee. IV. He should execute a payable on death designation on his bank account. A) II only B) I, III, and IV C) II and III D) II, III, and IVarrow_forward
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