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FALSE

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Which of the following statements is true about the Federal Arbitration Act (FAA) of 1925?

A. The FAA restricts parties from obtaining a court order to compel arbitration with an arbitration agreement. B. The FAA restricts federal courts from hearing issues of law that have been decided by an arbitrator. C. The FAA provides that arbitration agreements involving commerce are revocable contracts under ordinary circumstances. D. Breach of contract cases and tort claims are not candidates for arbitration as per the FAA.

Business

Racine started a new business in the current year. She incurred $52,000 of start-up costs. If her business started on November 23rdĀ of the current year, what is the total amount she may deduct with respect to the start-up costs for her initial year, rounded to the nearest whole number?

A. $52,000. B. $5,522. C. $2,555. D. $3,544. E. None of the choices are correct.

Business

Workers at Giant Pulp Paper Corp, members of the International Brotherhood of Foresters, have been picketing the road leading to Niq'naq Sound for three weeks, attempting to block access to the old forests there

There have been several incidents of violence along the picket line. To date, GP&P has not done anything, fearing bad publicity and hoping that things will cool down on their own. It now decided to act. What remedies are available to it? A) It can apply to have the picketers found in contempt of court. B) It can apply for an Anton Piller order against the IBF C) It can apply for an injunction D) It can hire security guards to open the road. E) All of the above

Business

It is sometimes asserted that investors who hedge their foreign currency bond or stock returns remove the foreign exchange risk associated with the investment, reduce the volatility of their domestic currency returns, and thus get a "free lunch"

because the mean return in domestic currency remains the same as the mean return in the foreign currency. Is this true or false? Why?

Business