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Which is a FALSE statement of carbon monoxide (CO)?

This geological hazard occurs with sudden movement of the earth’s crust and occurs at faults when one rock mass slides pass another.

Suppose you purchase 6 put contracts on Testaburger Company. The strike price is $40 and the premium is $5.30. If, at expiration, the stock is selling for $31 per share, what are your put options worth (i.e., terminal value)? 

final q16.PNG  Suppose you buy 40 February 100 put option contracts. On the expiration date, Hendreeks is selling for $87.15 per share. (Each contract entitles the option buyer/owner to 100 shares of the underlying stock upon expiration.) a. What is the cost of contracts? (4pts) b. How much is the option payoff per share? (4pts) c. How much is your options investment worth? (i.e., What is the option terminal value? (4pts) d. What is your net profit? (4pts) e. What is your maximum gain? (4pts)

Why does a Principal’s liability for its Agent’s actions under Respondeat Superior differ from a Principal’s liability for the actions of an Agent that is an Independent Contractor?

Jerry and Alice asked you to form an LLC for them in an Kansas (an RULLCA jurisdiction) for their new landscaping business. Because, as they told you, “we’re in this together,” each Member had equal ownership in the new entity. After the entity was formed – but before they created an Operating Agreement – they were unable to agree on which company to use as their fertilizer supplier and are deadlocked. How can this be resolved? 

Lili and Emma got into business together, pet sitting for exotic frogs owned by well-heeled individuals in their community. Assume that they entered into a written Partnership Agreement substantially similar to the one attached to this Exam (however, they were 50-50 partners, and their names are different than the model Partnership Agreement). When a customer complained that Emma mortally injured Mr. Jones’ Spotted Dart Frog, Lili paid the customer $100.00 to satisfy the claim. She then asked Emma to pay her back for ½ of that amount. Does she have a legal basis to demand contribution from Emma under the RUPA? Yes or No. 

One of the effects of becoming a Limited Liability Partnership in an RUPA jurisdiction is that each partner is protected from all third party liabilities incurred by the partnership after it qualifies as an LLP, unless the partner is directly liable to the third party due to the partner’s conduct or contractual commitment to the third party. True or False? 

Essay – Seeing an opportunity in the trend toward tearing down old and obsolete urban buildings and replacing them with trendy new “live-work” spaces, Josie is considering the best legal structure for her new demolition business, which will look to work with the construction companies that build after the demolition is completed. When meeting with you, she shared several other pertinent pieces of information:1. Josie is investing $200,000, Frank is investing $100,000, while Billy is contributing his “sweat equity.”                                                             2. Josie is willing to give everyone some say in decision-making, but she really feels that she is the “founder.”3. In the future, they plan to seek out investors in the venture, and would consider ceding some control in exchange for new investment.4.Protection from third party claims is important – especially to Josie (who has the “deepest pockets.)” 5. Due the nature of their business, they are not able to obtain liability insurance.6. They will likely need workers to do the actual demolition work.Josie has asked for your recommendation as to the best legal structure for this business. She does not want a corporation. What do you recommend, and exactly why? How would you implement your recommended structure? Limit your response to 1000 words.

A firm’s current stock price divided by its annual revenue per share is referred to as the: