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" He is a watch-dog, but not a bloodhound. He is justified in believing tried servants of the company in whom confidence is placed by the company. He is entitled to assume that they are honest, and to rely upon their representations, provided he takes reasonable... "
Fraud 101: Techniques and Strategies for Detection - Page 16
by Howard Silverstone, Howard R. Davia - 2005 - 288 pages
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Reports of Bankruptcy and Company Cases Decided in the High Court of Justice ...

Bankruptcy - 1896 - 386 pages
...justified in believing tried servants of the company, in whom confidence is placed by the company. He is entitled to assume that they are honest, and to rely...representations provided he takes reasonable care. If there is anything calculated to excite suspicion, he should probe it to the bottom, but in the absence...
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Auditing: A Practical Manual for Auditors

Lawrence Robert Dicksee - Auditing - 1900 - 730 pages
...justified in believing tried servants of the company in whom confidence is placed by the company. He is entitled to assume that they are honest and to rely...representations, provided he takes reasonable care. If there is anything calculated to excite suspicion he should probe it to the bottom, but in the absence...
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Manual of the Law of Joint Stock Companies in Scotland: With an Appendix ...

Allan McNeil - Corporation law - 1901 - 336 pages
...justified in believing hired servants of the Company in whom confidence is placed by the Company. He is entitled to assume that they are honest, and to rely...representations, provided he takes reasonable care. If there is anything calculated to excite suspicion, he should probe it to the bottom, but in the absence...
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The Companies Act 1900: With Commentaries and Forms

Paul Frederick Simonson - Corporation law - 1901 - 206 pages
...justified in " believing tried servants of the company in whom confidence is " placed by the company. He is entitled to assume that they " are honest, and to...representations, provided '' he takes reasonable care. If there is anything calculated to " excite suspicion he should probe it to the bottom ; but in the...
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Encyclopædia of Accounting, Volume 1

George Lisle - Accounting - 1903 - 560 pages
...justified in believing tried servants of the company in whom confidence is placed by the company. He is entitled to assume that they are honest, and to rely...representations provided he takes reasonable care. If there is anything calculated to excite suspicion he should probe it to the bottom, but in the absence...
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Auditing; a Practical Manual for Auditors. 6th Ed., Rev. and Enl

Lawrence Robert Dicksee - 1904 - 936 pages
...justified in believing tried servants of the company in whom confidence is placed by the company. He is entitled to assume that they are honest, and to rely...representations, provided he takes reasonable care. If there is anything calculated to excite suspicion he should probe it to the bottom, but in the absence...
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Banking and Negotiable Instruments: A Manual of Practical Law

Sir Frank Tillyard - Banking law - 1906 - 412 pages
...justified in believing tried servants of the company, in whom confidence is placed by the company. He is entitled to assume that they are honest, and to rely...representations, provided he takes reasonable care " (In re Kingston Cotton Mill Go. (No. 2), 1896, 2 Ch., 279). In the winding-up of both these companies...
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Die bilanzen der privaten unternehmungen: mit besonderer Berücksichtigung ...

Richard Passow - Accounting - 1910 - 376 pages
...justified in believing tried servants of the company, in whom confidence is placed by the company. He is entitled to assume, that they are honest, and to rely...representations , provided he takes reasonable care. If there is anything calculated to excite suspicion, he should probe it to the bottom; but in the absence...
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Practical Auditing

Ernest Evan Spicer - Auditing - 1911 - 796 pages
...justified in believing tried servants of the company in whom confidence is placed by the company. He is entitled to assume that they are honest, and to rely...representations, provided he takes reasonable care. If there is anything calculated to excite suspicion he should probe it to the bottom, but in the absence...
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Auditing Theory and Practice

Robert Hiester Montgomery - Auditing - 1912 - 716 pages
...justified in believing tried servants of the company in whom confidence is placed by the company. He is entitled to assume that they are honest and to rely...representations, provided he takes reasonable care. If there is anything calculated to excite suspicion, he should probe it to the bottom, but in the absence...
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