Answer:
Option (D) is the right answer.
Explanation:
According to the scenario, the most appropriate answer is option (D) because public goods are given by the government and It can be used by everyone at a time and without any cost.
While the other options are incorrect because of the following reasons:
- Private goods are not given by the government.
- Club goods can be given by the government but at a cost.
- Common resource goods are of government and can not be used by everyone.
- Government goods can be used by the government only.
Answer:
B) Millcorp has a lawful innocent acquisition of a monopoly.
Answer:
The fraud was discovered Option D: The operations manager found a check made payable to Phillips while searching Phillips' desk for some accounting records.
Explanation:
In the given case study, Ernie Phillips had got a job as a 'controller'. He had started writing checks to himself other than the payroll checks.
This fraud can be discovered when the operations manager found a check on Phillips desk which was payable to himself and it was other than the payroll check. Thus, Option D is the statement as an answer.
Cancelled checks do not have to do anything with the fraud, as per Option A, because cancelled checks are never cleared in the bank. The receiver doesn't usually receive a call before check clearance. So, Option B is also incorrect. No error was there in the check as stated in Option C.
Answer:
d. If Cazden's stock price rose by $5, the exercise value of the options with $25 strike price would also increase by $5.
Explanation:
A call option confers a right, not an obligation upon the call buyer to buy a security at a pre determined price, known as exercise price or strike price at a future date.
A call buyer would exercise his right only in the scenarios wherein the strike price is lesser than the current market price on maturity.
Profit of a call buyer is given by = CMP as on expiry - Exercise/Strike price - Option premium paid
wherein CMP= Current Market Price
A call option is "in the money" when it's strike price is less than it's current market price. In the given case, it means if the CMP today represents CMP upon expiry, call buyer would exercise his right and his gain would be $5 i.e $30 - $25.
Since the $25 exercise option is "in the money", an increase in stock price by $5 will also increase the strike price by $5.
Answer:
battery
Explanation:
Battery is the crime that occurs when a person physically assaults another person, while assault is threatening that person with physical assault, but not actually doing it.
Sara would claim against Romeo for battery because Romeo did grab her, mistletoe her, and kiss her. In other words, Romeo established unwated physical contact with Sara, he did not simply threaten her to do so, or hinted at doing so.
