If a Professor Charges Extra Fees to Take a Regularly

question 15

Multiple Choice

If a professor charges extra fees to take a regularly scheduled class, it would not qualify as consideration because such an act:

• A) is prohibited by promissory estoppel.
• B) would violate the preexisting duty rule.
• C) is new consideration that is provided to support a modification.
• D) is a tort.

Comprehend the legal procedures and outcomes under securities laws, specifically Section 10b and Rule 10b-5 of the 1934 Securities Act.

Identify what constitutes scienter in the context of accounting fraud and malpractice.

Recognize an auditor's responsibilities upon discovering illegal activities during an audit.

Evaluate the liability issues of accountants under the 1933 Securities Act regarding misleading registration statements.

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Definitions:

Body Mass Index

A numerical measurement of a person's body weight in relation to their height.

Classified

Designated as confidential, secret, or top secret to protect national security or sensitive information.

Obese

A condition characterized by excessive body fat that presents a risk to health.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, and heart failure.