Liability

expression was not protected by copyright law. Because these were just suggestions, not creative expression, they were not eligible. However, it was possible to fall under the New York state tort of misappropriation (McJohn). However, this imposes liability for the copying of valuable information for those who invest in valuable information, and since the financial institutions were not direct competitors…

stakeholders. The unaware stakeholder is often exposed to new forms of liability. An example of this liability transfer exist when industry leaders do not understand individual client needs and provide profit driven security design recommendations. As a stakeholder have you conducted a thorough security risk assessment? Another pitfall that stakeholders are faced with is O&M cost as a result of liability transfer. This liability transfer is created when industry leaders make stakeholders…

The Europeon Union Parliment has ruled this February 17 on establishing some rules (not laws yet) to manage the upcoming robotics and artificial intelligence development in order to. Control liability to self-driven cars and people transportation drones. Liability around other robots and artificially intelligent entities that may learn and behave in unexpected ways (due to deep learning algorithms and other methods. Help with the transition between human workforce and an increasingly AI…

of working capital because it could not have paid off, short-term liabilities from current assets in fiscal year 2015 if the need aroused. Since current assets reported for the period read $63.2 billion while current liabilities equal to $65.2 billion (Walmart, 2016, p.22). As per the current ratio indicator below, the company would require an additional three cents on each dollar of current assets to offsets total current liabilities. The aforementioned is far from acceptable because according…

stock organization models were used as a piece of 60 percent of the associations. Over a confined illustration, Weinraub and Visscher (1998) watch a slant of advancement firms with low levels of current extents to also have low levels of current liabilities. Joining records receivable and payable into one issue is incline, Satoris, and Ferguson's (1984) finding that payees portray date of portion as the date portion is gotten, while payers view portion as the stamp date. Additional WCM seeing…

enormous financial obstacle. Social Security has been collecting billions of dollars in liabilities to workers who will retire in a few years or who are already retired. For instance, in order to make room for a new private system, politicians are obligated to find funds to pay for these liabilities while still leaving workers enough money to deposit in new private accounts. This action demands reduce past liabilities by increasing contributions or cutting benefits from current workers. Private…

enterprise has attracted significant criticism. Much of this criticism is based on the perceived capitulation of legal principle to policy; though the doctrine is of some prosecutorial utility, it lacks legal coherence – it overextends criminal liability to individuals for crimes to which they have neither agreed nor committed. This essay will first try to explain this unwieldy doctrine before considering its criticisms and rationalisations. Most recently these were outlined in the cases of R…

1. The issue of auditor liability is detrimental to the profession and requires serious examination by regulators and lawmakers alike. Any one of the Big 4 could easily collapse should the full amount of any one of their lawsuits be awarded. Auditor liability becomes an even more poignant issue if new auditing standards are enacted that permit ranges of balances on the financial statements. This would highlight the inherent limitations of financial reporting. As a profession, we need to…

Part 1 – Vertical and Horizontal Analysis Vertical Analysis A vertical analysis is a measure in which the entry of three of the major categories of the balance sheet are represented as a proportion of the total amount. The main advantage is that the balance sheets, income statements and other financial reports can be compared quite easily. The main idea of a vertical analysis is that it identifies each line item of a financial statement as a percentage of the main focus of the statement. For…

financial ratio the company must ensure that their business had close to doubled the amount of assets to cover its liabilities. Myer must focus on how quickly their assets can be turning into cash as well as their ability to cover their current liabilities whilst using their short term cash. Myer has had a slight increase from 2013 to 2014 in both their current assets and their current liabilities; this is shown by looking at their annual report for 2014 and comparing it to their…