Answer
The answer and procedures of the exercise are attached in the attached archives.
Explanation  
Please consider the information provided by you in the exercise. If you have any question please write me back. Please take a look to the image attached.  
 
        
             
        
        
        
Answer:
The double-exempt bond is the preferred investment because it has a higher after-tax return Tax benefit .
Explanation:
 
 Calculatation of the after-tax return on both bonds
 1)The double-exempt bond does not pay state or federal income taxes.
 After-tax return = 
Before-tax return = 4.9%
 2)The tax-exempt bond is the state income taxes, but not federal in which the states can decide whether to tax their bonds or not. 
Interest Income (100,000 * 5%) 5,000 
Less: State taxes at 10% (5,000* 10%) (500) 
Tax benefit from deduction of state taxes on federal return (500 * 35%) 175
 After-tax Income 4,675 
After-tax return = 4,675/100,000 = 4.675%
Therefore the double-exempt bond is the preferred investment because it has a higher after-tax return Tax benefit .
Hence the state income tax will be deductible on Juan’s federal tax return and Juan’s federal taxable income will be lower or lesser by $500 which will produces tax savings at his federal marginal tax rate of $500 * 35% = $175.
 
 
        
             
        
        
        
Answer: d. any of the choices.
Explanation:
Chaz is not to transfer the duties to a third party if Dolly got into the agreement with Chaz for any of the following;
- If Dolly places special trust in the ability of Chaz to perform the maintenance then that trust should not be broken by transferring the duties to a third party. Dolly went into that contract because they trusted in the abilities of Chaz.
- If Dolly went into the contract due to the personal skills or talents of Chaz, the duties against would be non-transferable. Chaz's skills were the reason the contract was signed, if these skills are not to be used then the contract will be baseless. 
- By signing with Chaz, Dolly expects a certain level of performance. If the performance that will be made by a third contracting party is materially different from the one that Dolly would have expected from Chez, the duties will not be transferable. 
 
        
             
        
        
        
Answer: .The correct answer is a). the case is being heard for the first time.
Explanation: A court has original jurisdiction over a case when a case is being heard for the first time.
This cases are heard directly without any intermediary or appellate review.
 
        
                    
             
        
        
        
I believe the answer is:
a. cost curves to shift upward