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Leviathan Corp

question 27

Essay

Leviathan Corp.filed a civil Racketeer Influenced and Corrupt Organizations Act (RICO)lawsuit against NBS Bros. ,an accounting firm.NBS asked the court to dismiss the case for two reasons: first,Leviathan did not allege,and cannot prove,that NBS is connected in any way with organized crime,as that term is customarily used;and second,Leviathan did not allege,and cannot prove,that NBS was criminally convicted of a predicate offense.Should NBS succeed with these arguments? Explain your reasoning.


Definitions:

Straight-Line Method

A way of calculating depreciation by evenly spreading the cost of an asset over its useful life.

Resale Value

The projected value at which an asset can be disposed of after its life of usability has ended.

Office Furniture

Items and fixtures used in an office setting to support various work activities and tasks, such as desks, chairs, and file cabinets.

Resale Value

The estimated market value of an asset if sold again in the future, often considered for vehicles, electronics, and properties.

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