The statement that a taxpayer who receives boot in a nontaxable exchange must recognize gain equal to the lesser of the FMV of the boot or the gain realized is true.
Boot refers to anything that is not considered “like-kind” that the taxpayer receives in an exchange and may include cash, property other than real property, or net debt relief. Any boot the taxpayer receives is regarded as taxable gain and will trigger a taxable event. A nontaxable exchange refers to an exchange in which any gain is not taxed, and any loss cannot be deducted. A taxpayer who receives boot in a nontaxable exchange must recognize gain equal to the lesser of the Fair Market Value (FMV) of the boot realized.
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what is the main characteristic pf a rubuttable presumption?
Answer:
A rebuttable presumption is assumed true until a person proves otherwise (for example the presumption of innocence). In contrast, a conclusive (or irrebuttable) presumption cannot be refuted in any case (such as defense of infancy in some legal systems).Explanation:
Rebuttable presumption: Both in common law and in civil law, a rebuttable presumption is an assumption made by a court that is taken to be true unless someone comes forward to contest it and prove otherwise.
For Example
a defendant in a criminal case is presumed innocent until proved guilty.
A typical Crop-Hail policy will likely cover ALL the following perils, EXCEPT:
A. lightning
B. failure to harvest.
C. fire.
D. transit to storage after harvest.
Answer:
fire
Explanation:
hope this may help you have a nice day.A typical Crop-Hail policy will likely cover ALL the following perils, except fire.
What are crops?A plant that may be widely cultivated and harvested for food or profit is considered to be a crop. A crop is what is produced when many plants of the same sort are grown in one location. Most plants are grown in hydroponic systems or through agriculture. Macroscopic fungi (like mushrooms) and marine macroalga (like seaweed) are examples of crops, some of which are raised in aquaculture.
Crop-hail insurance is a type of insurance that covers loss and destruction brought on by both fire and hail. It is a product that farmers buy to safeguard agricultural goods while they are still in the field and unharvested.
Therefore, Thus option(C) is correct.
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substantive law: sets the rules by wehich one may enforce his rights under the law. None of these choices. defines, regulates, and creates a legal relationship or prohibits certain conduct. is the same thing as procedural law.
Substantive law is a type of law that defines, regulates, and creates legal relationships, as well as prohibits certain conduct.
It sets the rules by which one may enforce their rights under the law. This is different from procedural law, which focuses on the processes and procedures involved in the legal system.
Substantive law helps to establish and maintain a just and orderly society by clearly outlining the rights and responsibilities of individuals and organizations.
In summary, substantive law is essential for defining and regulating legal relationships and conduct, while procedural law ensures that the legal system operates effectively and fairly.
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What is precedent according to the legal system?
Answer:
Precedent, in law, a judgment or decision of a court that is cited in a subsequent dispute as an example or analogy to justify deciding a similar case or point of law in the same manner.
Explanation:
in a bench trial, the prosecutor seeks to make sure there is no doubt in the mind or minds of what entity that the defendant is guilty?
In a bench trial, the prosecutor seeks to make sure there is no doubt in the mind or minds of victim's family that the defendant is guilty.
What is bench trial?Bench trials, as opposed to jury trials, are judge-led trials. To distinguish the type of trial, the term is most appropriately used in relation to any administrative hearing regarding a summary offense. Bench trials are used in many legal systems for most or all cases, or for particular types of cases.
In a bench trial, the judge determines the procedural and evidentiary matters and serves as the fact-finder in place of the jury. The judge will render judgments, consider the evidence, and determine whether or not the defendant is guilty.
The trial procedure should be the same whether it is a bench trial or a jury trial, and if you are found guilty, you have the right to appeal your conviction to a higher court.
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Working together to uncover unethical behavior, cynthia cooper’s auditing team members were probably able to give each other emotional support that would be considered.
Working together to uncover unethical behavior, cynthia cooper’s auditing team members were probably able to give each other emotional support that would be considered: Positive reinforcement.
What is positive reinforcement?Positive reinforcement can be defined as the process or way of making use of a reinforcer to change an unwanted or unacceptable behavior to a behavior that is acceptable or to a desirable behavior .
A person or an individual can tend to make use of reward as a reinforcer as this can help to change the behavior of a person based on the fact whenever the positive behavior is achieved or exhibited the reward will be a reinforcer so as to encourage the person to always behave in the way we want them to behave.
Therefore we can conclude that Cynthia auditing team are making use of what is called positive reinforcer.
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Which conflict would most likely be settled by law rather than ethics?
Family members disagree over division of responsibility for household chores.
A teen breaks a neighbor's fence panel while practicing archery.
A student and teacher disagree on the final course grade earned.
A driver damages another car in a grocery store parking lot.
The conflict that would most likely be settled by law rather than ethics is: d. A driver damages another car in a grocery store parking lot.
What is conflict?Conflict can be defined as a form of disagreement that occur between two or more people. Conflict is what led to the development of conflict resolution as conflict resolution help to settle the disagreement the people that were involved in a conflict had .
The case that may be settle by the court of law is when a person damage or destroy another person property in which the person that commit the damage refuse to repair the damage, the owner of the property can sue the person in the law of court for damage which will be settle by the jury and if found guilty the person must pay for the damage.
Therefore the correct option is D.
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Answer:
A driver damages another car in a grocery store parking lot.
Explanation:
Got this right on the quiz! Although another choice might also be settled by law, this one is MOST LIKELY to be settled using law.
which of the following criteria is necessary for a case or controversy to exist?
To establish a case or controversy, it is necessary that a court decision has the potential to resolve the dispute between the parties involved, providing a legally binding resolution.
A case or controversy requires the presence of an actual dispute that is ripe for adjudication by a court. The parties involved must possess a genuine and concrete disagreement or conflict, seeking a resolution through the legal system. The court's decision should have the ability to provide a conclusive resolution to the dispute, enabling the parties to understand their rights and obligations.
This requirement ensures that courts are not engaged in hypothetical or advisory opinions but rather deal with real and tangible conflicts. By mandating that a court decision has the potential to resolve the dispute, the criteria ensures that cases before the court hold substantive importance and relevance.
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Should indexation be mandatory in all support orders and
agreements? Does it matter in the case of child support that
follows the Child Support Guidelines in the divorce act?
Just make a good paragrap
Indexation should be mandatory in all support orders and agreements to ensure that the financial obligations remain fair and equitable over time. This is particularly significant in the case of child support governed by the Child Support Guidelines in the divorce act.
Indexation accounts for changes in the cost of living, ensuring that support payments keep pace with inflation and the changing economic circumstances of the parties involved. By incorporating indexation, support orders and agreements can provide a more accurate reflection of the actual financial needs of the recipient and the ability of the payor to meet those needs. This helps to maintain a consistent standard of living for the child and promotes financial stability for both parents. Indexation safeguards against potential financial hardships or inequities that could arise due to the passage of time and economic fluctuations, making it an important aspect of support orders and agreements, especially when it comes to child support following the guidelines outlined in the divorce act.
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Explain five functions of council of
state
Answer:
Powers and Functions of the Council of Ministers:
(i) Formulation of Policies:
(ii) Administration and Maintenance of Public Order:
(iii) Appointments:
(iv) Guiding the Legislature:
(v) Control over the State Exchequer:
(vi) Execution of Central Laws and Decisions of the Union Government:
Explanation:
in choosing a remedy, a court must decide what interest it is trying to protect. what are the principal contract interests a court may seek to protect? choose three answers.
Buines law
The categorical imperative is the essential base component of:
1- the Protestant Ethic.
2- Rawl's social contract.
3- consequentialism.
4- Kant's duty ethics.
5- Utiliarianism.
Immanuel Kant's duty ethics is based on the concept of the categorical imperative. The categorical imperative is a principle that guides moral actions and decision-making. The correct answer is option 4, Kant's duty ethics.
Immanuel Kant, an influential philosopher, formulated the concept of the categorical imperative as a fundamental principle in his ethical framework. According to Kant, the categorical imperative serves as a universal moral law that individuals must abide by. It emphasizes the importance of acting out of duty and moral obligation, irrespective of the consequences or personal inclinations.
Kant's duty ethics prioritizes the inherent value of moral actions and advocates for principles that can be universally applied, treating individuals as ends in themselves rather than means to an end.
Therefore, the categorical imperative is the essential base component of option 4, Kant's duty ethics.
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The assertion that non-formal institutions have no role to play at the processing stage is an empty rhetoric. comment
The assertion that non-formal institutions have no role in the processing stage is false. Non-formal institutions contribute valuable insights, local knowledge, and innovative approaches, enhancing decision-making processes and ensuring inclusivity.
There is no evidence to support the claim that non-formal institutions play no part in the processing stage. In order to address particular issues and support the work of formal institutions, non formal institutions like community based organizations and grassroots movements are essential. They can offer priceless insights and cutting edge strategies because they have access to local information, expertise and connections with the affected communities.
By obtaining firsthand information and involving a range of stakeholders, non-formal institutions can make sure that the decision making process is more inclusive and representative. They also fill the gaps created by formal institutions by mobilizing resources and offering assistance to people and communities.
It is detrimental to the diversity of solutions and impediments legitimate and effective decision making to ignore the role of non-formal institutions. A more thorough and long lasting solution may result from accepting their contributions.
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If I were to add alcohol to the education system what problems would I CREATE? Meaning what problems would I create if I taught kids about alcohol in school as a module?
A lot of people don't understand this question.
Answer:
reducing the number of hours committed to studying
Explanation:
hope it helps
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you can bring alcohol in school of it's your project or if your using it on science
Alcohol use could also affect performance by reducing the number of hours committed to studying, completing homework assignments, and attending school. ... Both studies found that drinking had a direct negative effect on GPA and an indirect negative effect through reduced study hours.hope it helps\( \: \: \: \: \: \)
criminal liability is the degree of ________ assigned to a defendant by a criminal court.
Criminal liability is the degree of legal responsibility assigned to a defendant by a criminal court.
Criminal liability refers to the legal responsibility an individual bears for committing a crime. It is the state of being held accountable for one's actions that violate the criminal law. When someone is found to have criminal liability, they can be subjected to various penalties, such as imprisonment, fines, probation, or community service. In the context of the law, criminal liability requires the fulfillment of certain elements. These typically include the presence of a criminal act (actus reus) and a culpable mental state (mens rea). The actus reus refers to the physical act or conduct that constitutes the offense, while the mens rea refers to the intent or mental state of the offender at the time of committing the act. The specific requirements for establishing criminal liability can vary depending on the jurisdiction and the nature of the offense.
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Which country had the first constitution in the world?
Answer:
San Marino
Explanation:
The Republic of San Marino is considered to hold the world's oldest constitution, which came into force on October 8, 1600. The Constitution is a set of six Latin texts known as “The Statutes of 1600.” It is thought to be the world's oldest surviving national constitution.
consider the line y=7x-6. what is the slope of a line parallel to this line? what is the slope of a line perpendicular to this line?
Answer:
To find the slope of this line we need to get the line into slope-intercept form (y = mx + b), which means we need to solve for y: The slope of the line 4x – 5y = 12 is m = 4/5. Therefore, the slope of every line parallel to this line would have to be m = 4/5. Two lines are perpendicular if .
Explanation:
Hopefully this helps! I'm not super good at mathematics, I'm in 8th grade and in 7th grade math..but I checked my answer online. :)
Scenario: You just joined the FBI as a Jr. Forensic Accountant. You are assigned the " Goldsmith Worldwide Investment " case. FB is investigating if this company is involved in a Ponzi scheme.
(A Ponzi scheme is an investment fraud that pays existing investors with funds collected from new investors. Ponzi schemes are named after Charles Ponzi. In the 1920s, Ponzi promised investors a 50% return within a few months for what he claimed was an investment in international mail coupons.)
The subject company, Goldsmith Worldwide Investment, has been advertising a high-yield investment opportunity; investing in gold mines in Argentina. Several of the investors have filed complaints with the FBI, each reporting that Goldsmith Worldwide Investments promises 35% annual return on investments but has failed to deliver. You subpoena the Bank the Goldsmith is associated with. You consolidated all files and information received from the bank and start to apply IMPACT model you learned from Queens College's "Data Analytics for Accountant " to put the puzzle together and present the case to the Head of Department.
Objectives:
Goal - Apply IMPACT Model and all tools and techniques learned from the Spring 2022 - Data Analytics for Accountants to solve the FBI case. All questions need to be answered carefully with qualitative and quantitative support.
A. Identify Question - 1pt
What are the three questions needed to determine if this might be a Ponzi Scheme case?
B. Master Data - 1pt
You have created the consolidated worksheet - see " 6628" tab.
What are the three + data tables you need in order to put this " 6628" consolidated worksheet together? what are the primary key and secondary key to connect them?
C. Perform Analysis – 7 pts - Please indicate technique used and show your work.
Just like the PWC case, you will choose techniques to help you identify issues and draw your conclusions.
1. Determine the total investors funds received. -1pt
2. Determine total dividends paid to the investors. How many investors received dividends? Who received the most amount? What are the Mean, Median and Mode ? -2 pts
3. Identify Business revenue from the Argentinian gold mines. -1 pt.
4. Depict the in/out flows trend. - 2 pt
5. Identify assets for potential seizure. -1pt
D. Communication - 1pt
6. What are your conclusions?
Answer & Explanation:
A. Identify Question:
1. Are the promised returns of 35% annual on investments unrealistic or unusually high?
2. Is the company primarily paying existing investors with funds from new investors?
3. Is there evidence of misrepresentation or false advertising regarding the investment opportunity?
B. Master Data:
To put the "6628" consolidated worksheet together, the following data tables are needed:
1. Investors Table:
- Primary Key: Investor ID
- Secondary Key: None (if available, additional identifying information like name or contact details can be used)
2. Investment Transactions Table:
- Primary Key: Transaction ID
- Secondary Key: Investor ID (foreign key)
3. Company Revenue Table:
- Primary Key: Revenue ID
- Secondary Key: None (if available, additional information like revenue source or period can be used)
C. Perform Analysis:
1. Determine the total investors' funds received.
Technique: Summarizing
- Sum the values in the "Investment Amount" column of the Investment Transactions Table.
2. Determine total dividends paid to the investors. How many investors received dividends? Who received the most amount? What are the Mean, Median, and Mode?
Technique: Statistical Analysis
- Filter the Investment Transactions Table for dividend payments.
- Sum the dividend amounts to calculate the total dividends paid.
- Count the unique investors who received dividends.
- Identify the investor(s) with the highest dividend amount.
- Calculate the mean, median, and mode of dividend amounts.
3. Identify Business revenue from the Argentinian gold mines.
Technique: Filtering and Summarizing
- Filter the Company Revenue Table for revenue related to the Argentinian gold mines.
- Sum the revenue amounts to determine the total business revenue.
4. Depict the in/out flows trend.
Technique: Data Visualization (e.g., line chart or bar chart)
- Create a visual representation of the investment inflows and outflows over time.
- Plot the investment amounts (inflows) and dividend amounts (outflows) on the chart.
5. Identify assets for potential seizure.
Technique: Examination and Documentation
- Review the consolidated worksheet and identify any suspicious assets or transactions that may be subject to seizure.
D. Communication:
6. Conclusions:
Based on the analysis using the IMPACT model and the techniques mentioned above, the following conclusions can be drawn:
- The total investors' funds received can be determined by summing the investment amounts.
- Total dividends paid can be calculated, along with information on the number of investors receiving dividends, the investor(s) receiving the highest amount, and statistical measures such as mean, median, and mode.
- Business revenue from the Argentinian gold mines can be identified by filtering and summing the relevant revenue amounts.
- The trend of investment inflows and outflows can be depicted using data visualization techniques.
- Potential assets for seizure can be identified by examining suspicious transactions and documentation.
Overall, the analysis will provide insights into the financial activities of Goldsmith Worldwide Investment, helping to determine if there are indications of a Ponzi scheme.
A. Identify QuestionThere are three questions that can help to determine if this might be a Ponzi Scheme case:
Does the investment opportunity promise unusually high returns?
Are early investors paid returns using the investments of new investors?
Is there a lack of clarity regarding how the returns will be generated or what the investment is used for?
B. Master DataThe three data tables needed in order to put the "6628" consolidated worksheet together are: Goldsmith Worldwide Investments InvestorsGoldsmith Worldwide Investments InvestmentGoldsmith Worldwide Investments PaymentThe primary key to connect them is the Investor ID and the secondary key is the Investment ID.
C. Perform Analysis1. Determine the total investors' funds received.Total investors' funds received = $12,785,0002. Determine total dividends paid to the investors, the number of investors who received dividends, who received the most amount, and what the Mean, Median and Mode are.Total dividends paid to the investors = $0The number of investors who received dividends = 0No one received the most amount.Mean = N/0Median = N/A, as there were no dividends.Mode = N/A, as there were no dividends.
3. Identify business revenue from the Argentinian gold mines.Business revenue from the Argentinian gold mines = $12,000,000
4. Depict the in/out flows trend. The in/out flows trend shows that the company has more cash inflows than outflows in every quarter.
5. Identify assets for potential seizure. Potential assets for seizure include: Land and buildings Investment portfolio Cash
D. Communication Based on the analysis, it can be concluded that Goldsmith Worldwide Investments is operating a Ponzi scheme. The company has promised unusually high returns to investors but has failed to deliver. There are no dividends paid to investors, and the business revenue from the Argentinian gold mines is not enough to support the high returns promised. The in/out flows trend shows that the company has been collecting more cash from new investors to pay off existing investors.
As a result, there are potential assets for seizure, including land and buildings, the investment portfolio, and cash.
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Which of the following is NOT an example of unethical behavior occurring in the workplace?
A: Discrimination
B: Workplace harassment
C: Employment contingent upon passing a drug screening
D: Personal use of company property
C: Employment contingent upon passing a drug screening
Unethical behaviour are behaviours that does not confirm to moral standards or what is expected of individuals in a workplace.
Every organizations have certain work culture and ethical behaviour which must be abided to by employees and employers in a workplace environment.
Examples of unethical behavior occurring in the workplace are discrimination, personal use of company property and work place harassment.
Therefore, Personal use of company property is not an example of unethical behavior occurring in the workplace.
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What regulation/s that XYZ breached, is there any pentiles that XYZ will be received? List all possible breaches on regulations.
Possible breaches of regulations that XYZ may have committed include violations of consumer protection laws, false advertising, and failure to comply with financial regulations.
XYZ may have breached consumer protection laws if they engaged in deceptive practices or failed to provide adequate product information. False advertising could be another possible breach if XYZ made misleading claims about their products or services.
Additionally, if XYZ is involved in financial activities, they could face penalties for failing to comply with financial regulations, such as improper accounting practices or fraudulent transactions. The specific penalties for these breaches would depend on the jurisdiction and the severity of the violations, ranging from fines to legal action. It is important for XYZ to ensure compliance with all applicable regulations to avoid legal consequences.
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in ________ cases, the losers cannot be fined or incarcerated by the state.
In civil law cases, the losers cannot be fined or incarcerated by the state.
What is Civil Law?All mainland's and nearly 60 percent of the world are home to civil law systems, occasionally known as international or Romano- Germanic legal systems. They're grounded on ideas, grounds, and regulations taken from Roman law, with some comon law influence, and sometimes greatly expanded or modified by indigenous custom or culture. Although brainwashed over time and emphasizing individual freedom more, the civil law tradition encourages mortal cooperation.
The terms" civil law" relate to the law that governs people, effects, and the connections that arise between them in their specialized, narrow sense, barring not just felonious law but also marketable law, labor law, etc. In conclusion, civil law doesn't allow for the duty of forfeitures, jail, or other felonious penalties.
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The court case that set the precedent that there must be a connection between the curriculum and minimum competency examinations is:
The court case that set the precedent that there must be a connection between the curriculum and minimum competency examinations is Debra P. v. Turlington.
The case was decided by the United States Court of Appeals for the Eleventh Circuit in 1984. In Debra P. v. Turlington, a group of Florida high school students challenged the state's minimum competency examinations program, arguing that it violated their right to equal protection under the law. The students claimed that the testing program was not connected to the state's curriculum and that it unfairly penalized students who had not received instruction on the topics covered by the test.
The court agreed with the students and held that there must be a "rational nexus" between the testing program and the state's curriculum. The court noted that the purpose of the testing program was to ensure that students had acquired the basic skills and knowledge necessary to function as citizens, and that this goal could only be achieved if the testing program was based on the state's curriculum.
The court's decision in Debra P. v. Turlington set an important precedent in the development of educational law in the United States. It established that minimum competency examinations must be connected to the curriculum and that states must ensure that all students have access to the instruction necessary to succeed on these exams. The decision also highlighted the importance of equal protection under the law in the context of education and helped to ensure that all students have equal opportunities to succeed in school.
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The court case that set the precedent that there must be a connection between the curriculum and minimum competency examinations is ___________
what are recent amendments in fiscal plicy of india?
Answer:
Recent Amendments to the FRBM Act
In Budget 2022 government aims to reduce the fiscal deficit to below 4.5% of GDP by 2025-26. The estimated fiscal deficit target for 2022-23 is 6.4% of GDP. It is an indicator of borrowings done by the government so as to finance its expenditure.
Appointments to the Commission are for what time period?
1. 4 years
2. 3 years
3. 2 years
4. 5 years
Appointments to the Union Public Service Commission (UPSC) in India, is for 5 years period. Thus the correct option is (4).
The UPSC members are appointed for a period of five years or until they turn 65, whichever comes first. The UPSC is in charge of holding a number of famous tests, including the Civil Services Examination and the Engineering Services Examination.
The Chairman and other members of the Commission are chosen by the Indian President who works ethically and maintain the integrity and ethics of conducting any examination.
Therefore, option 4 is appropriate.
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Scott really enjoys working with money, including making it grow. He is also a natural leader and would enjoy working with and leading others. Which two career clusters would best fit Scott? the Finance Cluster and the Business, Management, and Administration Cluster the Human Services Cluster and the Business, Management, and Administration Cluster the Finance Cluster and the Education and Training Cluster the Education and Training Cluster and the Human Services Cluster
Answer:
The Finance Cluster and the Business, Management, and Administration Cluster
Explanation:
Answer:
The first option
Explanation:
Why are techniques or rules to interpret the meaning of statutes necessary?
The techniques or the rules that are used to interpret statutes are very necessary given the fact that they help to justify the decisions that are made by the judges that preside over cases.
What is a statute?The term statute has to do with the enactment that is established by the legislative arm of a nation as a legal document that has to do with the ways that the policies of the nation would have to be carried out as well as the laws and the regulations that are necessary in the area.
The use of statutes is very necessary because it is wha tis used to decide cases by the law courts. The judge would have to base jis decisions based on what the law expects him to do at the moment.
It is necessary to know the statutes so that a person would be able to know the true meaning of the terms that are contained in that statutes.
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what were the details of stacy willingham’s statements during the trial?
Other witnesses before Willingham's trial gave differing reports of Willingham's actions following the fire, but their testimonies did not constitute proof that a crime was committed. Willingham was a nasty man and a sociopath, thus his guilt was affected by the flawed forensic analysis and dearth of other information.
The charge against Cameron was murder, not family abuse. There have been discrepancies in Willingham's statements on the fire. • Over the course of 10 years and despite extensive questioning, Willingham's comments to law enforcement personnel were astonishingly constant. The Willingham Case.
On many various levels, the story of Cameron Barton Willingham elicits powerful feelings, but some of those who support his convictions and punishment are distorting the truth.
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What are the conflict and consensus paradigms of law?
interrogating the construct validity of association claims could mean asking about all of the following except:
interrogating the construct validity of association claims could mean asking about all of the following except C. Internal
because: Querying Association Claims - Association Claims do not assert causality, so inner validity is irrelevant to queries. Internal validity is concerned with claiming that one variable changes another. To assess whether a study has construct validity, consumers of the study should ask whether the study adequately measured the key concepts of the study. For example, reading research should provide compelling evidence that reading tests do indeed measure reading comprehension.
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if i get into a fight and the cameras only see me swinging bc he hit in the classroom and since i have a history of gettin into fights.and to advoid getting more than 4 days of iss.do i get my parents to bring it up or wait for the school to bring it up.bc the fight happened in the morning and i called my parents to explain.a teacher wrote down my name but the adminstrative didnt call me or my parents in.what do i do.
The full story is that he wouldnt give me and my friend's stuff back.but then we got it(without force)then as we was walking out to go to the next class.he pulled my hair and pushed me(in the class room)so the cameras didnt catch it.he ran and i got mad so i chased after him and started beating him up while he tried to leave.then as he turned,i punched him one last time,the teacher saw me.asked for my name and his name.i gave it to her,she said do better choice,but im pretty sure shes gonna report it because she has too.i called my parents explained.