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1. Gina attends a local gym where she leaves her car keys on a key rack which is unattended but near the check-in counter. After her workout she discovers that her keys and car are missing. She calls the police. Several hours and several miles away the police spot the car and begin a hig-speed chase. The car thief runs a red light and crashes into Terry, who is injured. Terry sues Gina and the local gym for the tort of negligence. Their strongest defense to the lawsuit would be.
2. Marianne and Ellen want to form a corporation, Bridal Flowers Company, and thus retain the Bobbo Law Firm to prepare the articles of incorporation. Bobbo Law Firm files the articles of incorporation but Bobbo's paralegal forgot to have Marianne and Ellen sign the articles as incorporations. The state notices the omission, rejects the articles as defective, and sends it back to be signed and filed again. Meanwhile, Marianne and Ellen, thinking they now have a corporation commence doing business as a corporation and start to make contracts for the delivery of flowers for weddings. Unfortunately, they could not fulfill one contract with Brenda and Eddie and are now being sued individually and personally for breach of contract. Brenda and Eddie are also claiming emotional distress damages since their wedding was "ruined" due to the absence of the promised flowers. Marianne and Ellen claim that only the corporation, Bridal Flowers, is liable for the breach of contract and any damages. Marianne and Ellen under these circumstances are protected from individual personal liability by what corporate law doctrine?
Determine which of the following is most likely to indicate statistically significant regression coefficient? Assume the price elasticity of the supply of cheese is 0.80. If the price of cheese rises by .20 percent,
Newbury Drug has recently offered to purchase 25,000 bottles of aspirin that they will sell in their stores under a generic label. Newbury has offered to pay $3.95 for each bottle of aspirin. The controller of Lydek in analyzing the offer has de..
You are given the following two IS curves that show how real GDP (Yt) in the current time period t depends on the current interest rate and interest rates in previous periods, where rt is the interst rte in time period t. Furthermore each time per..
What level of output will these firms produce in the short run and are these firms operating under perfect or imperfect competition?
What is the approximate p-value of this hypothesis and find the confidence interval for the population mean
Which of the following industries is most likely to exhibit the characteristic of free entry? cable television , t-shirt silkscreening
Explain what happens to a market when Supply and Demand are not in equilibrium. Provide two instances from your personal experience when you observed the "disequilibria" of supply and demand in the market,
Plot a graph of GDP per capita against life expectancy for the countries shown. Does your plot con?rm the Pritchett and Summers ?nding?
Grow Fertilizers Company purchases a gravity settling tank of the $30,000 purchase price. The company finances 30% of the investment with a loan to be repaid with eight equal semiannual payments at an annual interest rate of 12% compounded semian..
How do the concepts of accounting profit and economic profit differ? Why is economic profit smaller than accounting profit? What are the three basic sources of the economic profit? Classify each of following according to those sources:
To what extent do you think normative economic analysis, as opposed to positive economic analysis, determines our country's economic public rule decisions made by the government?
what effects might a decision by these countries to diversify their interrational reserve holdings have on the dollar and what problems might it create for U.S. monetary policy?
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