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Andrew Kavovit, a child actor, signed a contract when he was 12 to have Scott Eden Management Inc.manage his career in the entertainment industry. (Assume the contract was entered into with parental consent...does that matter?) The contract entitled Scott Eden to a 15% commission on Andrew's gross earnings. Andrew landed a number of parts, including a continuing role on the soap-opera As the World Turns. Andrew's attorney notified Scott Eden of Andrew's intention to disaffirm the contract "on the grounds of infancy" as of February 8, 1989. Scott Eden sued Andrew for the right to collect its commission on Andrew's future income derived from contracts it helped secure and signed before February 8, 1989.
How should the court decide this case? (FYI - On 2-8-89 Andrew was still a minor. Assume court and parental approval)
what is the decision rule for accepting or rejecting proposed projects when using net present
ABC Ltd makes trailers. It receives a special order to produce 350 trailers for a local retail outlet. Calculate the overhead allocation rate: note that the process is labour-intensive
How could we obtain an indisputable discount rate? How should we calculate the beta and the risk premium?
The Printing Company stock is selling for $32.60 a share based on a 14 percent rate of return. What is the amount of the next annual dividend if the dividends are increasing by 2.5 percent annually?
1) Analyze the complexities of the derivative markets and how the reporting of derivatives may be deceiving to investors. 2) Make a suggestion for improving the methods for valuing derivatives so that the reporting becomes more transparent for inve..
What would be the fair premium for a one-year insurance policy with a $2,000 annual aggregate deductible and a $200,000 annual aggregate limit if the policyholder has the following probability distribution for annual losses
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Explain the difference between a regular credit default swap and a binary credit default swap. - List the cash flows and their timing for the seller of the credit default swap.
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lee is starting a small lawn service. on the advice of his accountant lee has formed a corporation and made an s
What is Iverson's reorder point for this item of inventory? (Hint: Be sure to include the safety stock.)
part 1a.i.g. is often called the largest insurance entity in the world. a.i.g.s total assets were 860 billion on
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