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1. Joe was diagnosed as having advanced brain cancer and the doctors believed that he had only a few days to live. He told Susan, his girlfriend, that he wanted her to have his car when he died. Susan immediately took possession of the car. As it turns out, the doctors misdiagnosed Joe's condition and he rapidly recovered. Several weeks later, Joe was struck by a hit-and-run driver and he died shortly afterwards. Who is entitled to the car - Susan or Joe's estate?
2. If you were to own property with your cousin, what form of property ownership would you choose and why?
3. Would implantation of silicone breast implants constitute a sale of goods by the surgeon and therefore governed by the Uniform Commercial Code (UCC) Article 2? Explain.
Assume that wages and prices are sticky and that we start at a long-run equilibrium. Assume that at this initial point, the growth rate of the money supply is 5%, the growth rate of the velocity of money is 4% and that the real economic growth rate i..
One of the most striking aspects of cities in the former Soviet Union is the poor condition of public places. Streets, parks, libraries, museums, concert halls, and public gathering places of every description are all in very poor condition, revealin..
Amy and Kevin Hall each had an authorized credit card with both of their names on it. Amy and Kevin separated. Kevin called the credit card company and asked that to have the credit card cut off to Amy. The company said that Kevin must return Amy’s c..
Read the instructions in the University of Phoenix Material: Differentiating Between Market Structures located on the student website and select one option to complete the assignment.
Elucidate the implication of the efficiency wage theory for unemployment. In what way are piece rates, commissions, royalties, profit sharing, and stock options substitutes for efficiency wages.
q.alices utility is given by x as well as y are goods as well as l is the amount of hours that alice works. alice can
Use the following information from the current year financial statements of a company to calculate the ratios below- Accounts receivable turnover. Times interest earned ratio. Divided yield ratio. Earnings per share.
Five ice cream vendors take up positions along a beach of length one. You may take it as given that there is a Nash equilibrium with two vendors at some point x, one vendor at 1/2, and two vendors at point 1 x. Find x, and justify your answer.
The U.S. economy fell into a recession in 2001 and then proceeded into a slow-growth recovery due to a decline in investment. A. Explain how a change in investment can have a big impact on GDP causing a national recession.
Discuss envisions of an Information System that could support improve patient health outcomes? Which firms or industries might benefit and gain a competitive advantage from this?
Compared to a perfectly competitive market, in a monopoly market
If taxes are cut, then consumption, A laissez-faire attitude toward most markets is most closely associated with, In the classical model, the supply of loanable funds is,
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