State the issue before the court
The issue is whether workers' compensation is the exclusive remedy for a teacher's injuries caused by a student's unprovoked assault while the teacher is acting within the scope of employment.
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In order to receive a remedy under the UCC for a breach of a sales contract, a party must
commence a lawsuit in the appropriate state or federal trial court. Indicate whether the statement is true or false
Which one of the following statements is TRUE?
A. When lenders protect themselves from the risk of asset switching, the firm's WACC can increase. B. An example of an agency cost is when the board of directors pays a dividend to shareholders. C. An example of an agency cost is when an attorney hires an expert witness for a trial. D. An example of asset switching is an option to exchange one piece of real estate for another. E. Lenders can't legally prevent a firm from engaging in asset switching.
A problem with the tender offer mechanism in a takeover is the . The term refers to a situation in which rational behavior by each individual shareholder results in shareholders as a group being worse off
If individual target shareholders (correctly) foresee that the value of their shares will be worth more after the takeover than they will receive in the tender offer, they will choose not to tender their shares. a. holdover problem b. free rider problem c. holdout problem d. non-tender problem
During the 2007-2009 financial crisis, housing prices began to fall and subprime mortgages began to default. Which of the following statements is true about the rating of subprime mortgage products?
A) The rating agencies were way ahead of the market, giving many of the subprime products junk ratings from the start. B) Rating agencies were not involved. Subprime mortgages could not be structured, by law. C) Many AAA-rated subprime products had to be downgraded over and over again until they reached junk status. D) None of the above are true.