Rick's driveway has potholes. He has been thrown from his bike several times because of them. If Rick invites his biking friends for a barbecue, what must he do to escape liability for any harm to them?
A) Repair the potholes.
B) Post signs saying "slow to 15 mph."
C) Telephone his friends to warn them about the potholes.
D) None of these.
C
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Richard Donevagh was a professional photographer on the staff of Magic Photo Inc Sharon Rock, a famous movie star, hired Magic Photo to take the photos at her wedding. Richard was assigned to the task
Sharon was pleased with the photos and has them in her album. A year later, Richard published a book of his works including one of the photos of Sharon's wedding because it was an award winning photo. What is the name for the area of law involved? A) Trade mark B) Patents C) Personality rights D) Copyright E) Torts
A stock's market value will be higher the higher its expected dividend stream is, all else being equal
Indicate whether the statement is true or false
The sample covariance can be equal to any value __________
A) between –1.0 and +1.0. B) greater than or equal to zero. C) other than zero. D) between and .
The Mill Wheel is considering a project with a life of 3 years that will require $289,400 for fixed assets, $36,700 for inventory and $27,800 for accounts receivable. Short-term debt is expected to increase by $16,500. The fixed assets will be depreciated straight-line to a zero book value over 5 years. Ignore bonus depreciation. At the end of the project, the fixed assets can be sold for 20 percent of their original cost and the net working capital will return to its original level. The project is expected to generate annual sales of $275,000 and costs of $198,000. The tax rate is 21 percent and the required rate of return is 16 percent. What is the amount of the cash flow in the project's final year?
A) $208,433.33 B) $197,908.18 C) $191,019.60 D) $160,087.09 E) $181,250.24