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Consider the following simplified view of a jury weighing evidence (treat the jury as a single decision maker). A defendant in a court case is accused of committing a crime. Assume there is potentially one piece of relevant evidence, which is denoted by x. If the defendant is guilty, x is realized with probability pG. If the defendant is innocent, x is realized with probability pI . Assume that if the evidence is realized, the jury automatically observes it. Assume that the jury's prior probability that the defendant is guilty is 1 2 . That is, before observing whether the evidence is realized, the jury assigns a prior probability of 1 2 to the defendant being guilty. Assume that, given the evidence realization (x exists or doesn't), the jury forms an updated belief about the defendant's guilt using Bayes' rule. Suppose pG = 3 4 and pI = 1 8 . Is the realization of evidence x favorable to the defendant? That is, would the defendant prefer that x be realized or not realized? Explain.
The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..
This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.
Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.
With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.
It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.
Company Law, Application of Law to Facts and Conclusion.
This assignment related to business law.
Answer all the questions under business law.
Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.
Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.
Business value and ethics, Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..
Advise what tax consequences arise in respect of the payments.
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