Berkshire Ventures was quietly engaged in “pre” due diligenc…

Berkshire Ventures was quietly engaged in “pre” due diligence regarding a prospective offer to buy Dornetto Towne Square, an “A” level shopping mall. Dornetto is owned by Ali Partners IX, Inc., a sole purpose entity created by Ali Development Ventures, LLC. Berkshire Ventures instructed its investment analyst to research Ali Partners’ and Ali Development’s financial positions, to determine if the “Alis” would be motivated to sell Dornetto at an advantageous price (to Berkshire Ventures, of course). This information would provide Berkshire Ventures its relative _____________________  when it approached and then negotiated with the “Alis” about a deal. (Select one answer only.)

#20. If you are dealt card from a shuffled deck of cards,…

#20. If you are dealt card from a shuffled deck of cards, find the probability of getting (a) a Jack. Round to three decimal places. [Q19a] (b) an Ace or a Diamond. Round to three decimal places. [Q19b] (c) not a Club. Round to three decimal places. [Q19c]