Reference no: EM131311008
1 Mr. and Mrs. Smith had a pool installed in their backyard. It is twelve feet deep with a diving board. The Smiths next door neighbor were the martins. Soon after the pool was installed in the smiths backyard, the Martins threw a party in their backyard. Both familie's backyard were not separated by a fence. In the middle of the party Mr. Martin staggered across his yard and accidentally fell into the smith's pool. who is liable? Why?
2. Jane Roach worked for a beer distributor. Jane Roach was smoking during her cigarette break at work. It began to rain, and Roach went under the tree on the employer's property. Out of nowhere, one of the Employer's beer trucks slammed into the tree injuring Roach. The driver was drunk. Can Roach collect Workman's Compensation?
3. Explain the difference between false imprisonment and malicious prosecution? In what business situation does false imprisonment most frequently arise?
4. Mr. Clark signs a storage conract with Tansimore storage co. The contract specifies that Clark's household goods will be stored at Transimore co's midtown storage facility while she is out of town or out of the country. Later, without contacting Clark, Transimore co. transfers her household goods to Maximus storage co. Two days later a freak flood wipes out the Maximus warehouse and destroys all of Clarks goods. Who is liable for Clark's goods- Transimore storage co, Maximus storage, or did Clark assume the risk?
5. Tnasimore, LL.C, a corporation incorporated and doing business in Maryland, decides to sell $1 million of its common stocks to the public. The stock will be only sold within the State of Maryland. Jeffrey Transimore, the chair of the board says that the offering needs not be registered with the SEC. Is he right? why?
|
Both warrants-convertibles are types of option securities
: A warrant is basically a long-term option that enables the holder to sell common stock back to the firm at an agreed upon price, at a specified time in the future. Generally, warrants are distributed along with preferred stock in order to make the pr..
|
|
Requiring a biometric of every newborn child
: How long do you think it will be before society accepts the use of biometrics? In what year do you believe the U.S. federal government will begin requiring a biometric of every newborn child?
|
|
How many revolutions did the child make
: How many revolutions did the child make around the merry-go-round while he was pushing it?
|
|
The preferred feature of preferred stock means
: The “preferred” feature of preferred stock means that it normally will provide a higher expected return than will common stock. Preferred stock normally has no voting rights. However, most preferred issues stipulate that the preferred stockholders ca..
|
|
Jane roach worked for a beer distributor
: Jane Roach worked for a beer distributor. Jane Roach was smoking during her cigarette break at work. It began to rain, and Roach went under the tree on the employer's property. Out of nowhere, one of the Employer's beer trucks slammed into the tre..
|
|
What is the ratio of the electron''s speed to proton''s speed
: An electron (mass m1 = 9.11 x 10-31 kg) and a proton (mass m2 = 1.67 x10-27 kg) attract each other via an electrical force. Suppose that an electron and a proton are released from rest with an initial separation d = 3.50 x 10-6 m.
|
|
Problem associated with the capital asset pricing model
: Which of the following is NOT a problem associated with the Capital Asset Pricing Model? Company X has a higher required return than Company Y, but Company X has a lower standard deviation of returns than Company Y. Given this information, wh..
|
|
Describe major appropriations and changes from previous year
: Describe major appropriations and changes from the previous year. Describe major revenue sources and changes from the previous year. Describe fixed assets and positions and changes from the previous year.
|
|
An individual stocks diversifiable risk
: Managers should under no conditions take actions that increase their firm's risk relative to the market, regardless of how much those actions would increase the firm's expected rate of return. An individual stock's diversifiable risk, which is by its..
|