Fiduciary responsibilities are critical part of which relationship---customer or client? Why?

Q: some different types of customers accounts and benefits of futrue clients

A: The objective of this question is to understand the different types of customer accounts that exist…

Q: Do firms have any responsibilities to society atlarge?

A: The answer is Yes, firms have a lot of responsibilities to the society. Also, small businesses still…

Q: Is business ethics an oxymoron?

A: Ethics:   Business ethics refers to a set of moral codes and guidelines that governs corporate…

Q: What are the difference between intrapreneurship and entrepreneurship

A: Entrepreneurship means the willingness of an individual to start a business and undertake the risk.…

Q: What is a contract ? How do contracts help us to do business with others ? Use an example to explain…

A: Contract are legally binding business promises between two or more parties which they have agreed…

Q: When should membership dues be considered revenue rather than contributions?

A: Membership fees:   Membership fees are a periodic sum of money paid by an individual for some…

Q: When does an agency relationship happen

A: Agent Relationship : The official stipulations of a specific principal-agent relationship are…

Q: What exactly is a social contract, and how does it relate to the legitimacy of an organization?

A: The Answer :

Q: When is an employer-employee relationship exist?

A: Definition:

Q: What are the functions of a controller? What are the functions of a treasurer?

A: A controller is a financial professional who is responsible for managing a company's accounting…

Q: networks? are these methods appropriate or possibly

A: As existing networks mature and change, new networks emerge, and value is demonstrated, social…

Q: What is the value of customer relations and customer service?

A: Customer relations is the relationship with customer and the focus of which is to build customer…

Q: Why are employees considered assets to an organization?

A: INTRODUCTION: Assets are items that you possess and can sell for money. An asset is any resource…

Q: Briefly, explain the difference between the torts of Wrongful Interference with a Contractual…

A: Answer:-  Tort meaning:- Tort is a kind of civil wrong that causes the claimant to incur loss or…

Q: What are the things we must remember in different kinds of obligation?

A: An obligation seems to be an ethical or legal path of conduct that somebody is compelled to follow.…

Q: Who is considered a related party when we refer to related party transactions

A: Transactions where the client or the client's top management is related to each other or where the…

Q: Detail some of the advantages and disadvantages of setting up a trust.  Why set up an irrevocable…

A: Setting up the trust Advantages: There is a possibility of limited liability when there is an…

Q: Should firms behave ethically?

A: In order to survive in the competitive market for a very long period of time the business firms are…

Q: Explain professional corporation (PC)?

A: Professional Corporation An entity that is composed of the professionals of specific types that are…

Q: how payment or performance extinguishes an obligation.

A: An obligation arises when an agreement made between parties satisfies all the necesaary conditions…

Q: Should organisations operate in the interest of shareholders or the stakeholders?

A: Stakeholder means those person who use and study the financial statement and make the appropriate…

Q: Explain the legal distinction between an agent and a broker and give some example.

A: Agents and brokers are two different things and are two have different responsibilities and roles.

Q: definition of business ethics?

A: Answer: Concept: Business ethics is also known as professional ethics.

Q: How can a business owner identify risk exposure?

A: Introduction: Risk can be characterised in terms of the uncertainty of future consequences resulting…

Q: What is the purpose of organizations and why do they exist?

A: The organization  is a process that  involves the people , their strong commitment  and efforts to…

Q: Who are the parties involved in consulting services? Explain.

A: Consulting business is the type of business which falls within the category of the services business…

Q: What is the Social Contract – its pros and cons

A: The social contract approach to industry refers back to the technique a organization chooses when it…

Q: What is a social contract and how does it relate to organisational legitimacy

A: Social Contract:   Social Contract is refer as the how business interact with the society.

Q: What does Compensation for employee services includes?

A: Introduction Compensation is the cash paid to employees for their service that they provided for the…

Q: When would it be considered that income has arisen in relation to employee benefits?

A: The benefits or perks that are being offered to and given to the employees in addition to their…