Joey read in his biology book that fish

activity increases with water temperature, and he

decided to investigate this issue by conducting

an experiment. On nine successive days, he

measured fish activity and water temperature in

his aquarium. He found the equation of the

LSRL to be yˆ =152.1+ 37.65t , where yˆ is the

predicted amount of activity. If one of Joey’s

days had a water temperature of 69.0 degrees

Fahrenheit and the fish activity on that day was

265, what is the residual activity for this

particular temperature?

 

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Johan Norberg claims that the unrestricted market that comes with globalization is a major development capable of generating opportunity, prosperity, and sustainable growth in different countries. Furthermore, he claims that globalization does not recognize geographical boarders but rather focuses on improving the living standers of the people affected by it.

My questions is:

 

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John and Andrew Doney invented a device for balancingrotors. Although they registered their inventionwith the U.S. Patent and Trademark Office, itwas never put on the market as an automobile wheelbalancer. Some time later, Exetron Corp. producedan automobile wheel balancer that used a device similarto that of the Doneys. Given the fact that theDoneys had not put the patented product in commerce,does Exetron’s use of a similar device infringeon the Doneys’ patent? Explain your answer.

 

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John and Janet Fonda, siblings and actors, decide to retire after years on the road. They remember a town in New Jersey they were familiar with from their travels. From the internet, they learn of a farm a few miles outside of town that seems ideal. There is a great house and lots of land. The Fondas wish to convert the farm to a restaurant-hotel with a dinner theater. They contact the realtor by phone, and make arrangements to buy the parcel. The Fondas plan on traveling to New Jersey prior to the closing to look things over, but are unable to do so due to their touring schedule. The realtor, whose commission is technically paid by the proceeds to the seller, and who has a listing contract with the seller, advises the Fondas that she will handle everything. New Jersey custom, law, and practice does not require a purchaser of land to have an attorney. The realtor does only the bare minimum needed for title to transfer to the Fondas. On their behalf, she only has a minimal title search and minimal inspections done, and she obtains a minimal coverage title insurance policy. As the area near the farm was once occupied by a large chemical plant, when the realtor represents local purchasers, as a precaution, she advises the buyers to get the maximum possible title search and title insurance, and to get all possible inspections done. It is her regular practice to caution local purchasers who she represents about the former chemical plant.After closing on the property, the Fondas learn of the old chemical plant. They seek your advice as to their liability and the liability of any other parties

 

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John and Mary Smith have been your friends for many years and they have called to set-up an appointment to discuss their financial plans for retirement. During the first appointment you learn that both John & Mary plan on retiring in one year. Currently, John owns a mid-size electronics firm which he has operated for many years. Mary is a university professor. Below is additional information you developed during the first appointment with John & Mary. Item Description John MaryItem Descriptions John Mary Age in One Year At Retirement 56 55 Current Annual Salary $100,000 $60,000 Current Value of Residence $250,000 (Joint) Mortgage on Residence $0 $0 Children None None Health Ins. Continuing In Retirement (Spouse) Yes Cost of Health Ins. In Retirement $0 $0 Estimaed Retirement Income (Annual) None $20,000 Social Security Benefits (At Age 66) $24,000 None Est. Personal Exp. After Retired (Annual) $30,000 $30,000 Current Vehicles Value $25,000 $20,000 Amt. Owed on Vehicles $0 $0 Additional Information John plans to sell the electronics company to another individual who has already expressed interest. The agreed selling price for equipment, building, inventory, goodwill and customer list will be $2,000,000 in cash. There is no remaining basis in any fixed assets and the value of inventory is $150,000. All capital gain amounts will be taxed at long-term income tax rate of 15%. Both John & Mary have strongly indicated during the first appointment that they are conservative investors and want a minimum risk of any losses. You are a partner in a regional investment brokerage firm together with several other partners. Each partner is considered an expert in one area. The areas within your firm of expertise are:Risk Analysis Mutual Funds & Stocks Bonds Options & Futures Foreign Investments Income TaxProject RequirementsYou and your fellow investment partners are to present a proposal that specifically meets the retirement investment objectives of John & Mary listed below. Your proposal should be from 3 – 5 pages double spaces, Times Roman 12 pt. In addition, your team should include a cover page listing each member of your team and a separate list of any references used in preparing the proposal. The proposal must follow APA rules in structure and presentation. John & Mary’s Retirement Investment ObjectivesProvide $90,000 of withdrawals from the investment account each year. Minimize income tax. Include at least three types of investments. Provide for active management of the portfolio with an annual fee of 1% – 1 ½% of value in the investment portfolio. Provide an annual growth after all withdrawals and fees of 4% – 5%.

 

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