Reference no: EM132388417
Assignment: Instructions: 1. Please provide your written analysis for the questions 1-4 below.
2. The required components for each question include:
• Issue for Questions 1-4
• The Applicable Rules for Questions 1-4
• The Application of the Rules for Questions 1-4 to the fact pattern in Questions 1-4
• The Conclusion (the answer to the question asked in Questions 1-4)
• References in APA Format
3. This method is called the "IRAC" analysis.
4. For this assignment, you will need to have 1 reference page.
5. Please note that for each question you will need to provide a separate "IRAC" Analysis.
6. Please provide a separate heading for each question (ie. Question 1 IRAC).
7. Make sure that you include the Issue, Rule, Application of the Rule and the Conclusion for each question.
8. Also make sure that you label them so that I know when you are discussing the Issue, Rule, Application of the Rule, and the Conclusion for each question.
9. Incomplete analysis of questions will result in a deduction of points.
Questions:
1. Under what circumstances would Mom's Tools & Hardware, a small store in the middle of Nowhere, a small, isolated town, be considered a mo¬nopoly? If Mom's is a monopoly, is it in violation of antitrust law?
2. Syntech Corporation makes computers. Total Digital, Inc., is a chain of retail computer stores. Syntech and Total Digital merge. Syntech is the surviving entity. What factors determine whether this merger is illegal under the Clayton Act?
3. Jean leaves her prom dress with Kwik ‘n Kleen Launderers to be cleaned and altered for the dance. On its return, the dress is greasy and smells bad, and the alterations burst at the seams. Who suffers the loss and why?
4. Patty, who is divorced, owns a house. She has no reasonable expectation of benefit from the life of Quinn, her ex-spouse, but she applies for insur¬ance on his life anyway. She also obtains a fire insurance policy on the house, which she later sells. Five years later, Quinn dies and the house is destroyed in a fire. Can Patty obtain payment on either the death of Quinn or the loss of the house? Explain.
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Conducting the hypothesis tests
: Identify the appropriate test statistic, or statistics, (and degrees of freedom if possible) for conducting the hypothesis tests and state why you use that test
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Significant t-statistic for the one-tailed test
: What will be the significant t-statistic for the one-tailed test and what will it be for the two-tailed test? Show your work.
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Probability of drawing a spade
: Draw a histogram that graphs the probability of drawing a spade, a heart, a diamond or a club from a normal deck of 52 cards.
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Determine a p-value for the test statistic
: Suppose that we are testing a null hypothesis vs an alternative hypothesis and we determine a p-value for the test statistic of 0.029.
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What factors determine whether the merger is illegal
: Syntech Corporation makes computers. Total Digital, Inc., is a chain of retail computer stores. Syntech and Total Digital merge. Syntech is the surviving.
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Proper way to set up the null and alternative hypothesis
: If you want to test this hypothesis, what is the proper way to set up the null and alternative hypothesis for our test?
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Find the linear regression line
: A scatter diagram is plotted and the correlation coefficient is found to be 0.7.
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Adams and jones call on three and four customers
: Salespersons Adams and Jones call on three and four customers, respectively, on a given day. Adams could make 0, 1, 2, or 3 sales
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Define key difference between an economy of scale and scope
: What are they? What is the key difference between an economy of scale and an economy of scope? One source of growth is external growth from a merger.
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