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Author Question: Lauren wants to open a floral shop in a downtown business district. She doesn't have funds enough to ... (Read 58 times)

cabate

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on: Apr 8, 2019
Lauren wants to open a floral shop in a downtown business district. She doesn't have funds enough to purchase inventory and pay six months' rent up front. Lauren approaches a good friend, Jamie, to discuss the possibility of Jamie investing funds and becoming a 25% partner in the business. After a lengthy discussion, Jamie agrees to invest. Eight months later, Jamie discovered that Lauren has not be honest with her regarding some aspects of the business financial operation. In order for Jamie to sue Lauren for fraud, all the following must be true except
◦ Jamie's decision to invest was primarily based on Lauren's assertion that she had prior floral retail experience.
◦ Jamie has suffered a substantial loss in her investment because of Lauren's deception.
◦ Jamie trusted and relied on Lauren's representation of the business financial operation.
◦ Jamie found Lauren dishonest because she does not always reconcile the business cash account on a timely basis.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
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Marked as best answer by cabate on Apr 8, 2019

emilymalinowski12

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Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cabate

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Reply #2 on: Apr 8, 2019
Thank you!


emilymalinowski12

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Reply #3 on: Apr 8, 2019
Always glad to help...


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