Howe, Hardy, and Harkins, a Law Firm in Alberta, Decides

question 32

Multiple Choice

Howe, Hardy, and Harkins, a law firm in Alberta, decides to register as a limited liability partnership. Which of the following is TRUE?

• A)Such an entity is not permitted.
• B)Henceforth, the firm will refer to itself as Howe, Hardy, and Harkins, LLP.
• C)Howe will continue to be liable for the negligence of Hardy and Harkins.
• D)Once the limited liability partnership is registered, Howe will not be liable for the negligence of Hardy and Harkins.
• E)Both B and D.

Evaluate the influence of personal values from family, religion, and school on business decision-making.

Describe the societal and legislative reactions to unethical business actions.

Understand the historical development of business ethics.

Understand the key principles and differences of added value negotiating (AVN) compared to traditional negotiating strategies.

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Definitions:

Intrinsic Motivation

The drive to engage in activities for their own sake, due to the inherent satisfaction or fulfillment derived from the activity itself, rather than for some external reward.

Extrinsic Motivation

Motivation driven by external rewards such as money, fame, grades, or praise rather than by intrinsic factors like personal satisfaction or enjoyment of the task itself.

Activity Directed

Focused or oriented towards specific actions or tasks.

Human Growth

The physical, psychological, and emotional development of humans from birth to the end of life.