Nelson died in 1996 and newman and franz were appointed co-personal representatives of her estate. newman and franz hired mckenzie-larson to appraise the estate’s personal property in preparation for an estate sale. mckenzie-larson told them that she did not appraise fine art, and that if she saw any, they would need to hire an additional appraiser. mckenzie-larson did not report finding any fine art, and relying on her silence and her appraisal, newman and franz priced the personal property and held an estate sale. rice responded to the newspaper advertisement for the sale and attended it. at the sale, rice bought two oil paintings for $60. rice had bought and sold some art, but he was no expert. he had never made more than $55 on any single piece, and he had bought many that turned out to be frauds, forgeries, or the work of lesser artists. he assumed that the paintings at the estate sale were not originals, given their price and the fact that the sale was being managed by professionals. subsequently, rice learned that the paintings were original works of martin johnson heade. rice sold the paintings on consignment at christie’s in new york for $1,072,000. after subtracting the buyer’s premium and the commission, rice realized $911,780 from the sale. newman and franz sued rice, claiming that the sale contract should be rescinded on the basis of mistake. will newman and franz win?

Each of the following scenarios is based on facts in anactual fraud. categorize each scenario as primarily indicating (1) anincentive to commit fraud, (2) an opportunity to commit fraud, or(3) a rationalization for committing fraud. also state your reasoningfor each scenario.a. there was intense pressure to keep the corporation ' stock from declining further. this pressure came from investors, analysts,and the ceo, whose financial well-being was significantly dependent on the corporation ' s stock price.b. a group of top-level management was compensated (mostly in the form of stock-options) well in excess of what would be considered normal for their positions in this industry.c. top management of the company closely guards internal financial information, to the extent that even some employees on a “need-to-know basis” are denied full access.d. managing specific financial ratios is very important to the company, and both management and analysts are keenly observant of variability in key ratios. key ratios for the company changed very little even though the ratios for the overall industry were quite volatile during the time period.e. in an effort to reduce certain accrued expenses to meet budget targets, the cfo directs the general accounting department to reallocate a division’s expenses by a significant amount. the general accounting department refuses to acquiesce to the request, but the journal entry is made trough the corporate office. an accountant in the general accounting department is uncomfortable with the journal entries required to reallocate divisional expenses. he brings his concerns to the cfo, who assures him that everything will be fine and that the entries are necessary. the accountant considers resigning, but he does not have another job lined up and is worried about supporting his family. therefore, he never voices his concerns to either the internal or external auditors.f. accounting records were either nonexistent or in a state of such disorganization that significant effort was required to locate or compile them.

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity

You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)