When someone makes a promise to compensate another party for a benefit that has already been received because of a sense of moral obligation, this promise of compensation is referred to as moral ...

Deferred consideration is frequently used in physician practice sales to bridge valuation gaps and allocate post-closing risk (and upside) between buyers and sellers. Commonly structured as earnouts, ...

In their Appellate Practice column, Thomas R. Newman, of counsel to Duane Morris, and Steven J. Ahmuty Jr., a partner at Shaub, Ahmuty, Citrin & Spratt, write that although the Appellate Division has ...

Past consideration is generally no consideration under New York law, and a promise based solely on prior acts or transactions is unenforceable unless it falls within a recognized exception. In Hakim v ...

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Ethical and Legal Considerations in Accounting Best practices for maintaining the trust and confidence that are the lifeblood of the global financial system. Professional ethics encompass the personal ...