Which of the following elements is most frequently necessary to hold a CPA liable to a client?
1) Acted with scienter or guilty knowledge.
2) Was not independent of the client.
3) Failed to exercise due care.
4) Did not use an engagement letter.

Answers

Answer 1

The element that is most frequently necessary to hold a CPA liable to a client is option 3) Failed to exercise due care.

CPAs are expected to exercise professional care, diligence, and skill when performing their duties for clients. Failing to exercise due care can lead to errors and omissions, which can result in financial losses for the client. However, options 1, 2, and 4 can also contribute to CPA liability, depending on the circumstances of the case.

The element most frequently necessary to hold a CPA liable to a client is  3) Failed to exercise due care.

This means that the CPA did not adhere to the professional standards and best practices required in their work, which may have led to errors or harm to the client.

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Related Questions

the children's online privacy protection act in the united states enforces laws for what reason?

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The Children's Online Privacy Protection Act (COPPA) is a law in the United States that enforces regulations to protect the online privacy of children under the age of 13.

The goal of COPPA is to prevent the online collection, use, or disclosure of children's personal information without their parents' or guardians' permission.

The law stipulates certain privacy safeguards that websites and online services must follow when they are geared toward minors or deliberately collect personal information from them.

These measures include notifying parents and obtaining verifiable parental consent before collecting personal information.

To safeguard the privacy, security, and accuracy of the personal data they gather, operators must follow appropriate data security procedures, according to COPPA.

The purpose of COPPA is to empower parents to make knowledgeable decisions about their children's online activities by promoting transparency and accountability in the collection and use of children's personal information online.

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in hamer v. sidway, the new york court of appeals found that forbearance:

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In Hamer v. Sidway, the New York Court of Appeals ruled that forbearance can be considered sufficient consideration to support a contract or promise.

This means that if one party promises to give up or forbear from exercising a legal right, and the other party makes a promise in return, then the promise is legally binding and enforceable.

The case involved an uncle who promised his nephew a sum of money if he refrained from drinking, smoking, and gambling until the age of 21. The nephew upheld his end of the bargain, but the uncle failed to pay the promised sum after the nephew turned 21. The court ruled in favor of the nephew, stating that the promise to refrain from certain activities constituted forbearance, which was a valid consideration for the contract. This landmark case established the principle that forbearance can be a valuable consideration in a contract, even if it does not involve the exchange of money or property.

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the complete question is:

In hamer v. sidway, the new york court of appeals found that forbearance:  A promise to forbear or abandon a legal right in return for another's promise is sufficient consideration to support a contract or sustain a promise.

in illinois v. wardlow, the supreme court ruled that unexplained flight from the police:

Answers

In Illinois v. Wardlow, the Supreme Court ruled that unexplained flight from the police is a relevant factor in determining reasonable suspicion for a stop and frisk.

The Court held that the sudden flight from the presence of police, in an area known for high drug activity, provided reasonable suspicion for the police to make a Terry stop and frisk. The Court noted that the suspect's behavior was not enough on its own to create reasonable suspicion, but in combination with other factors, such as the location and the time of day, it was sufficient. The Court's decision in Wardlow affirmed the importance of considering all relevant circumstances in determining whether an individual's actions give rise to reasonable suspicion, and it continues to be cited in cases involving police stops and searches.

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Which of the following events would not terminate an agency by operation of law?
a. The principal breaches his or her duty to reimburse the agent.
b. The agent dies.
c. The principal dies.
d. The purpose of the agency becomes illegal.

Answers

The event that would not terminate an agency by operation of law is the principal breaching his or her duty to reimburse the agent. The correct answer is option a.

This would require some action or decision by one of the parties involved rather than being an automatic termination by operation of law. The other events listed (agent death, principal death, purpose becoming illegal) would all terminate the agency by operation of law.

It can, however, give the agent the right to sue the principal for damages. The other events mentioned in the question would terminate the agency by operation of law. The death of the agent or principal terminates the agency because the agent's authority to act on behalf of the principal ends upon the agent's or principal's death. The purpose of the agency becoming illegal also terminates the agency because it makes the agency impossible to perform.

Another way an agency can be terminated by operation of law is if the purpose of the agency becomes illegal. If the purpose of the agency becomes illegal, then the agency can no longer be performed and is terminated by operation of law. For example, if an agent is authorized to sell illegal drugs on behalf of a principal, the agency becomes illegal and is terminated by operation of law.

However, if the principal breaches his or her duty to reimburse the agent, the breach of duty to reimburse by the principal is a breach of the contract of the agency, but it does not terminate the agency by operation of law. The agency relationship still exists, but the agent may have the right to sue the principal for damages.

Therefore option a is correct.

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Near v. Minnesota was a landmark Supreme Court case involving which of the following?
a. exclusionary rule
b. due process clause
c. prior restraint
d. free exercise clause

Answers

The landmark Supreme Court case Near v. Minnesota involved prior restraint. In this case, the Court ruled that a state law authorizing the state to enjoin the publication of a newspaper on the grounds that it was a public nuisance and that it had published articles that were defamatory, scandalous, and malicious violated the freedom of the press guaranteed by the First Amendment.

The case involved a newspaper publisher named Jay Near who had published articles critical of local officials in Minneapolis. The state argued that the articles were defamatory and that the paper was a public nuisance.

The Court held that the state's attempt to enjoin the publication was unconstitutional prior restraint, meaning that the government cannot censor or restrict the press before publication unless there is a clear and present danger.

The case was a significant victory for the freedom of the press and has been cited in numerous subsequent cases to support the principle that the government cannot use prior restraint to censor or restrict the press.

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Which of the following are considered goods as defined by Article 2 of the​ UCC?
A.
real estate
B.
money
C.
automobiles
D.
stocks
E.
bonds

Answers

The items that are considered goods as defined by Article 2 of the UCC are: automobiles and other tangible personal property, such as appliances, furniture, and equipment.

Article 2 of the Uniform Commercial Code (UCC) governs the sale of goods in the United States. It defines goods as tangible personal property, including any item that is movable at the time of sale.

Examples of goods under Article 2 of the UCC include automobiles, appliances, furniture, and equipment. In contrast, real estate, money, stocks, and bonds are not considered goods because they are not tangible personal property. Article 2 of the UCC provides a framework for the sale of goods, including the formation of contracts, warranties, and remedies for breach of contract.

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which cybercriminal activity refers to the act of luring internet users to bogus web sites?

Answers

The cybercriminal activity that refers to the act of luring internet users to bogus web sites is known as "phishing."

Phishing is a type of online scam that typically involves sending fraudulent emails or messages with the intention of tricking people into providing sensitive information such as login credentials, credit card details, or other personal information.

These emails often appear to be from a legitimate source, such as a bank or popular e-commerce site, and may contain links to fake websites that closely resemble the real thing.

Once the user enters their information on the bogus site, the cybercriminals can use it to steal their identity, make unauthorized purchases, or engage in other fraudulent activities. Phishing is a common form of cybercrime that can be difficult to detect and prevent, making it important for individuals to stay vigilant and take steps to protect their personal information online.

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When the Consumer Confidence Index is greater than 100 prior to an election, Americans tend to
a. abstain from voting.
b. vote against the incumbent party's presidential candidate.
c. vote for third-party presidential candidates.
d. vote for the incumbent party's presidential candidate

Answers

When the Consumer Confidence Index is greater than 100 prior to an election, Americans tend to vote for the incumbent party's presidential candidate. The correct answer is option d.

This is because a higher Consumer Confidence Index indicates that Americans are generally more optimistic about the state of the economy, which often leads to support for the current party in power.

The Consumer Confidence Index (CCI) is a measure of how optimistic or confident consumers are about the economy and their own personal financial situation. When the CCI is greater than 100, it suggests that consumers are feeling positive about the economy and are more likely to spend money, which can boost economic growth.

Research has shown that when the CCI is greater than 100 leading up to a presidential election, voters tend to feel more confident about the economy and are more likely to vote for the incumbent party's presidential candidate. This is because voters often associate a strong economy with the incumbent party's policies and leadership.

Therefore, the correct answer is d. vote for the incumbent party's presidential candidate.

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In Texas, third party candidates must receive what percentage of the vote to get on the ballot?
a. Six percent
b. Ten percent
c. Five percent
d. Twenty percent

Answers

The correct option is C, In Texas, third-party candidates must receive at least 5% of the vote in a statewide election in order to qualify for placement on the ballot for the next election cycle.

Texas is a state located in the southern region of the United States. It is the second-largest state in terms of both land area and population. The state is known for its unique history, diverse culture, and vast landscapes. Texas was once a part of Mexico before gaining independence in 1836 and joining the United States in 1845. The state played a significant role in the Civil War and was also a major center for the oil industry in the early 20th century.

Today, Texas is home to several major cities, including Houston, Dallas, and San Antonio. The state's economy is driven by a variety of industries, including energy, technology, healthcare, and agriculture. Texas is also known for its rich culture, which includes Tex-Mex cuisine, country music, and rodeos. The state is also home to several natural wonders, such as Big Bend National Park and the Guadalupe Mountains.

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which ethical system contends that punishment should be consistent with the veil of ignorance?

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The ethical system that contends that punishment should be consistent with the veil of ignorance is known as the "original position" within the theory of justice.

This theory, developed by philosopher John Rawls, posits that a just society must be built on principles that would be agreed upon by individuals who are ignorant of their own position and characteristics within society. In this hypothetical scenario, individuals would choose principles of justice that are fair and impartial, leading to the conclusion that punishment must be consistent with these principles. Punishment that is consistent with the veil of ignorance means that it is fair, consistent, and impartial, and that it is not influenced by factors such as race, gender, or socioeconomic status. This approach to justice seeks to create a society that is equitable and just for all individuals.

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in a 2006 gallup poll that rated the level of trust in the integrity of attorneys, about 20 percent of participants rated attorneys as "high" or "very high". T/F

Answers

True. In a 2006 Gallup poll, about 20 percent of participants rated the integrity of attorneys as "high" or "very high." This indicates that a significant portion of the population held a positive view of attorneys' trustworthiness during that time.

According to the 2006 Gallup poll, about 20 percent of participants rated attorneys as "high" or "very high" in terms of trust in their integrity. The Gallup poll conducted in 2006 surveyed participants on their level of trust in various professions, including attorneys. The results showed that only a small percentage of participants rated attorneys as having a high level of integrity. Specifically, about 20 percent of participants rated attorneys as "high" or "very high" in terms of trust. This suggests that there may be a general perception among the public that attorneys are not always honest or trustworthy.

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on what basis does the bureaucracy effectively make law through its rule-making function?

Answers

Bureaucracy effectively makes law through its rule-making function based on the authority granted to it by the legislative branch of the government.

When the legislative branch passes a law, it often gives the bureaucracy the power to create rules and regulations to implement and enforce that law. These rules and regulations are detailed instructions on how the law should be interpreted and applied.

The bureaucracy uses a number of methods to make rules and regulations that effectively create laws. One of the key ways is through notice-and-comment rulemaking, which involves publishing proposed rules in the Federal Register and allowing the public to submit comments before the rules are finalized. The bureaucracy then reviews the comments and makes changes as needed before publishing the final rules. This process ensures that the public has an opportunity to provide input and that the rules are well-considered and appropriate.

Another way that the bureaucracy makes law is through interpretive rulemaking, which involves clarifying the meaning of existing laws through the issuance of rules and guidance documents. This type of rulemaking can be particularly important when laws are unclear or ambiguous, as it provides guidance on how the law should be applied in specific situations.

Overall, the bureaucracy's rule-making function is an important tool for implementing and enforcing laws passed by the legislative branch. Through careful consideration and input from the public, the bureaucracy can effectively create rules and regulations that help ensure that laws are applied fairly and appropriately.

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how old was gregor mendel when he died

Answers

Gregor Mendel died at the age of 61.

Gregor Mendel was an Austrian monk and scientist who is known as the founder of modern genetics. He conducted groundbreaking experiments with pea plants in the mid-19th century, which led him to develop the laws of inheritance that are now known as Mendelian genetics. Mendel published his work in 1866, but it was largely ignored by the scientific community until it was rediscovered in the early 20th century.

Mendel died on January 6, 1884, at the age of 61. His cause of death is not clear, but it is believed that he may have suffered from a kidney disorder or a heart condition. At the time of his death, Mendel was living in the monastery where he had spent most of his life, and he had only achieved limited recognition for his work on genetics. It was not until several decades after his death that his contributions to the field of genetics were fully recognized and appreciated.

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the complete question is

How old was gregor mendel when he died?

the ""trial"" to determine whether a youth is guilty or not guilty is called what in juvenile court?

Answers

The trial to determine whether a youth is guilty or not guilty in juvenile court is called an adjudication hearing.

This hearing is similar to a trial in adult court, but there are some key differences. In juvenile court, the goal is not to punish the youth but rather to rehabilitate them and prevent them from reoffending in the future.

During the adjudication hearing, the prosecution presents evidence to support their case that the youth committed the alleged offense. The defense then has the opportunity to present their own evidence and arguments to refute the prosecution's case. The judge then makes a determination of guilt or innocence based on the evidence presented.

If the youth is found guilty, the judge will then determine an appropriate sentence. This may include probation, community service, or placement in a juvenile detention center. The judge may also order the youth to participate in counseling, therapy, or other rehabilitative programs.

It is important to note that the juvenile justice system operates differently than the adult justice system. The focus is on the best interests of the youth and helping them to become productive members of society. The adjudication hearing is just one step in the process of achieving that goal.

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Which of the following are the two broad classifications of torts? Select two.
a. Criminal wrongs b. Unintentional torts c. Actionable torts d. Intentional torts

Answers

The two broad classifications of torts are intentional torts and unintentional torts.

Intentional torts occur when a person deliberately causes harm or injury to another person, such as assault, battery, or defamation. Unintentional torts, on the other hand, occur when harm or injury is caused by negligence or carelessness, such as in cases of medical malpractice or car accidents. Actionable torts, which are not one of the two broad classifications, refer to torts that can be legally pursued in court. Criminal wrongs, while related to tort law, are not considered a classification of torts as they involve violations of criminal law rather than civil law.

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offenders who commit "crimes of passion" would be identified as which of the following?

Answers

Offenders who commit "crimes of passion" would be identified as impulsive offenders.

These types of crimes are often committed in the heat of the moment, without much premeditation or planning. Offenders may act impulsively due to strong emotions such as jealousy, anger, or fear. While these crimes may not be premeditated, they are still considered serious offenses and can carry significant legal consequences. It is important for law enforcement and criminal justice professionals to understand the motivations behind impulsive crimes in order to effectively prevent and prosecute them. To summarize, individuals who commit "crimes of passion" are offenders driven by strong emotions, often resulting from perceived betrayal or provocation in a personal relationship.

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a utilitarian would necessarily be opposed to the restorative justice approach to criminal justice. T/F

Answers

False. A utilitarian may not necessarily be opposed to the restorative justice approach to criminal justice.


A utilitarian is concerned with maximizing overall happiness and minimizing overall suffering. Restorative justice, which focuses on repairing harm and restoring relationships between the offender and the victim, may not necessarily conflict with this goal. In fact, some utilitarians may argue that restorative justice can lead to greater happiness and less suffering in society by reducing recidivism rates and promoting rehabilitation. Therefore, a utilitarian may not necessarily be opposed to the restorative justice approach to criminal justice.


In fact, utilitarianism often supports measures that maximize overall happiness and reduce suffering. Restorative justice, which focuses on repairing harm and addressing the needs of all parties involved, can align with utilitarian principles if it leads to better outcomes for individuals and society as a whole.

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Were there other jurors that experience similar feelings of a regret and remorse like Lou? What potential solution was mentioned that would allow the jurors to better cope with their duty?

Answers

Answer:

(If you like this answer i would appreciate if u give brainliest but otherwise, i hope this helped ^^)

Explanation:

Based on the given information, there is no mention of other jurors experiencing similar feelings of regret and remorse like Lou. Therefore, it is unclear whether other jurors felt the same way.

As for potential solutions to help jurors cope with their duty, the passage does not explicitly mention any specific solutions. However, some general approaches that could help jurors better cope with their duty include:

Access to Counseling or Support: Providing jurors with access to counseling services or support groups where they can discuss their experiences and emotions related to the trial could be beneficial.

Debriefing Sessions: Conducting debriefing sessions after the trial, where jurors can openly discuss their thoughts and feelings about the case, can help them process their emotions and provide a supportive environment.

Education and Training: Offering education and training programs for jurors on the psychological and emotional aspects of jury duty could better prepare them for the potential emotional challenges they may face during and after a trial.

It is important to note that the specific solutions mentioned above may vary depending on the jurisdiction and the resources available for supporting jurors' well-being.

when a corporation accepts legal responsibility for a contract, it is called novation. T/F

Answers

True. Novation is a legal term used to describe the process by which one party transfers all obligations and rights of a contract to a third party.

This transfer occurs with the consent of all parties involved and the original contracting party is released from any further obligation or liability. Therefore, when a corporation accepts legal responsibility for a contract through novation, it means that the corporation has assumed all rights and obligations of the original contracting party. Hence, the statement "when a corporation accepts legal responsibility for a contract, it is called novation" is true.
A novation is when one party in a contract is replaced by a new party, and the original party is released from any obligations under the contract. When a corporation accepts legal responsibility for a contract, it is not called novation, as no party is being replaced or released from their obligations.

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the process of determining the appropriateness of jurors to sit on the jury is known as

Answers

The process of determining the appropriateness of jurors to sit on the jury is known as jury selection or voir dire.

During jury selection, potential jurors are questioned by the judge or attorneys to determine if they are suitable to serve on the jury for a particular case.

The purpose of the questioning is to identify any biases or prejudices that may affect a juror's ability to be impartial in the case. Jurors may be excused if they have a personal connection to the case, if they have formed an opinion about the case, or if they have any other factors that may affect their ability to be unbiased.

The goal of jury selection is to select a jury that will be fair and impartial in deciding the outcome of the case. It is an important part of the legal process and helps to ensure that justice is served.

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for purposes of general contract law (common law), an offer must:

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For purposes of general contract law, an offer must meet certain requirements in order to be valid.

First, the offer must be definite and certain, meaning that the terms and conditions of the offer must be clear and unambiguous. The offer must also be communicated to the offeree, either directly or indirectly through a third party. Additionally, the offer must be made with the intent to create a legal obligation and must not be mere puffery or an invitation to negotiate. Finally, the offer must be capable of acceptance, meaning that it must not be impossible or unlawful to perform. If an offer meets these requirements, it may be considered a valid offer and may be accepted by the offeree to form a binding contract.

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why did alexander hamilton advocate for rolling old certificates of debt into new government bonds?

Answers

Alexander Hamilton advocated for rolling old certificates of debt into new government bonds primarily to stabilize the financial situation of the United States and gain credibility with foreign creditors.

As the first Secretary of the Treasury, Hamilton was tasked with managing the national debt accumulated during the Revolutionary War. By consolidating state debts into new government bonds, he aimed to establish a strong federal credit system.

Hamilton's financial plan aimed to bolster the nation's creditworthiness, increase foreign investment, and encourage economic growth. By issuing new bonds to replace old certificates, the government could restructure and manage its debt more effectively, providing a reliable stream of revenue through interest payments. This approach also helped to build trust with bondholders and maintain their confidence in the government's ability to meet its financial obligations.

Additionally, Hamilton believed that a centralized debt system would promote unity among the states, as each state's financial stability would be linked to the success of the federal government. This would encourage cooperation and collaboration among the states, fostering a stronger and more cohesive nation.

In summary, Alexander Hamilton advocated for rolling old certificates of debt into new government bonds to establish a strong federal credit system, build trust with domestic and foreign creditors, and promote unity among the states, ultimately contributing to the overall stability and economic growth of the United States.

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describe the pattern 9;16;25;36;49 by words and algebraically In the oxidation of benzoin with copper acetate, which is the reductant? What is the oxidation state of the copper at the beginning of the reaction? What is the oxidation state of copper by the end of the reaction? A nurse is caring for a client who is 72 hr postoperative following an above-the-knee amputation and reports phantom limb pain. Which of the following actions should the nurse take?A. Remind the client that the limb has been removed.B. Change the dressing on the client's residual limb.C. Administer an oral dose of Gabapentin to the client.D. Elevate the client's residual limb above heart level. what u.s. states history of mining has earned it the nickname ""the silver state""? Find the y-intercept of the line on the graph. Maricopa's Success scholarship fund receives a gift of $ 145000. The money is invested in stocks, bonds, and CDs. Stocks pay 6.7 % interest, bonds pay 2.5 % interest, and CDs pay 5.75 % interest. Maricopa Success invests $ 10000 more in bonds than in CDs. If the annual income from the investments is $ 6977.5 , how much was invested in each account? Maricopa Success invested $ in stocks.Maricopa Success invested $ in bonds. Maricopa Success invested $ in CDs. why does microsoft recommend using uninstall or change a program to remove an installed application? _______________ argue that fiscal policy is weak due to the crowding-out effect. a person with spatial neglect is more likely to notice an object placed in the left hand if ____. what happened in 1965 that caused a larger number of asian and latin americans to enter the us and in turn, created more of a need for bilingual education? In the document "Pat Buchanan on the Culture War (1992), he claimed that Bill Clinton's election would lead to the election of Clinton and Clinton . Quote " The agenda that Clinton & Clinton would impose on America : Anaphora . That's change , all right. But that's not the kind of change America needs . It's not the kind of change America wants . And it's not the kind of change we can abide in a nation we still call "God's country . " the rarest job on the plantation for slaves was that of driver, the person who Which theory draws primary attention to the exploitation of poor countries by rich ones? a. market-oriented theory b. modernization theory c. dependency theory Find the limit of the following sequence or determine that the sequence diverges.StartSet StartFraction left parenthesis 9 n plus 1 right parenthesis exclamation mark Over left parenthesis 9 n right parenthesis exclamation mark EndFraction EndSet(9n+1)!(9n)! which of the following is not a common storage site in the body for iron? which unix arp option is used to display current arp entries in a unix host's arp table? What is the oxidizing agent in the redox reaction represented by the following cell notation? Sn(s) /Sn2+(aq)// Ag+(aq)/ Ag(s)a) Ag+ (aq)b) Sn (s)C) PtD) Sn 2+ (aq)E) Ag (s) p(x) = 2x^3 -5x^2 + 7x - 3 find p(2) , p(0), p(-1), p(-2) POLYNOMIAL CLASS 9 QUESTION PLS, I NEED ANSWER FAST Write a net ionic equation to show that nitric acid, HNO3, behaves as an acid in water. ____ + H2O(l) _____ + _____ Write a net ionic equation to show that hydrocyanic acid , HCN, behaves as an acid in water. ____ + H2O ____ + ___Write a net ionic equation to show that ascorbic acid, H,CH.0, behaves as an acid in water. Consider only its first ionization. _____ + H2O(l) ___ + ___ Which one of the following is not true about polyacrylamide gel and/or Agarose DNA gel?a. In both Agarose and polyacrylamide gel, the brightness under the UV light depends on abundance of the moleculeb. They have different resolutionc. Agarose and polyacrylamide gel can be both vertical and horizontald. Polyacrylamide is used only for protein but Agarose gel can be used for both DNA and proteinse. SDS in polyacrylamide gel denatures the protein and add negative charge to them.