What is a bailment? How is a bailment different than a secured interest?
Explain the difference between the attorney-client privilege and the accountant-client privilege. Why is this an important distinction? Why do you think that the law doesn’t provide the same level of privilege for accountants as it does for attorneys?
In 2008, the SEC approved a plan to replace GAAP and GAAS with IFRS. Explain the general differences in these standards. Why do you thing the SEC is not using IFRS. Do you think this is a good change or a bad change? Why?
Explain the difference between real property and personal property. Why is the distinction important? What is a fixture? Is it real or personal property? Explain.
What is a bailment? How is a bailment different than a secured interest? Provide an example of each to explain the difference.
275 words per page
12 pt Arial/Times New Roman
Double line spacing
Any citation style (APA, MLA, Chicago/Turabian, Harvard)