A landlord entered into a lease of one of his shopping center spaces to an office supply/stationery store which was also a smoke shop and gift store. The lease provided the landlord would not rent any of the premises to a tenant "for the purpose of
carrying on a business similar to that of the tenant." The landlord leased to a Supersave Drug Mart which sold stationery, tobacco products, prescription drugs and health and beauty aids. The original tenant sued for breach of the covenant. Has there been such a breach?
No. People use stores for different reasons. Overly broad restraint on competition.
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Which of the following would NOT be exempt from registration under the 1933 Securities Act?
a. An offering restricted to the residents of the state in which the issuing company is a resident and doing business. b. An offering by a noninvestment company issuer for $4 million in securities over 12 months without general advertising or general solicitation. c. An offering of limited partnership tax shelters. d. A private offering to sophisticated investors who will not redistribute them.
An opportunity cost is a cash flow that could be realized from the best alternative use of an owned asset
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. The service sector is the dominant sector in terms of new business start-ups, but not jobs. 2. About 70 percent of the GDP is provided by the service sector of the economy. 3. The total amount of information in the world is doubling every five years. 4. Big businesses are likely to be a major source of jobs and economic influence for quite a while. 5. Small businesses are not likely to be a major player in the U. S. economy.
The contents of a sample of 26 cans of apple juice showed a standard deviation of .06 ounces. We are interested in testing whether the variance of the population is significantly more than .003 . At the .05 level of significance, the null hypothesis
a. should be rejected. b. should not be rejected. c. should be revised. d. should not be tested.