Jerry’s Seed Palace claims that 80% of its lima bean seeds will germinate. Suppose the company’s claim is true. Callie buys a packet with 20 lima bean seeds from Jerry’s Seed Palace and plants them in her garden. What is the probability that exactly 14 seeds will germinate?
A. 0.1091
B. 0.8909
C. 0.1958
D. 0.8042
E. 0.9133
Jerry is a 20-year-old racecar driver. He currently weighs 175 lbs and is 5’7” tall. He would like to lose weight to improve his driving performance and so he can fit into the car more comfortably. He is a full-time student at a local college, and spends his free time at the garage with his racing team. Due to his busy schedule, he eats out for lunch and dinner every day. His goal is to lose 15–20 lbs within the next 4–6 months.
A. Do you feel that his goal is appropriate?
B. Based on your answer in A – why or why not?
C. Give 2specific suggetsions that you would give Jerry to help him reach his goal of weight loss.
Jerry has a 10% interest in the EKG Partnership capital, profits and losses. He is a limited partner. At the beginning of the current year, his basis in his partnership interest is 10,000. The partnership earned 20,000 of ordinary income this year and repaid a 150,000 non recourse liability. What tax issues should Jerry consider with respect to reporting the results of this year’s activities for the EKG Partnership on his personal return? Condiser Jerry’s basis in the partnership interest, any impact of the liability repayment on his basis and on his personal tax return.
Jerry contracted with Sally to purchase Sally’s Restaurant for $50,000. Jerry did not inspect the books, but Sally told Jerry that the restaurant was profitable. After the sale was executed, Jerry examined the books and discovered that the restaurant was not profitable. He contacted Sally, threatened a suit for fraud, and she agreed to amend the sales price to $25,000. Jerry had an audit of the books performed. The audit uncovered bookkeeping errors and that the restaurant was immensely profitable and worth $200,000. Sally discovered the audit results, and sought rescission of the sale to Jerry on the grounds of mistake.
Discuss and analyze whether the suit can be rescinded on the grounds of mistake. Explain why or why not.
Assume that a popular national restaurant group had a contract to construct a restaurant adjacent to Sally’s. If Sally was aware of this contract at the time of sale, explain whether she have a duty to disclose this to Jerry. Explain why or why not.
The suit can be rescinded on the grounds of mistake because under contract law, acontract can be rescinded in case a party entered a contract as a result of full reliance on mistakenfact or…
He invested $250,000 and borrowed $1,000,000 to purchase the PODS. The business is doing well, 90% of the PODS are rented on annual contracts, but $300,000 is due on the note and the balance is payable over the next five years. Jerry does not have the cash to make the note payment, so he went to see the Pirates about a loan. Jerry has prepared the taxable income and cash flow projections presented below. Jerry has depreciated for two years the seven year assets. The book value of the PODS is $765,000 and their total fair market value is $1,020,000. Below are Jerry’s projected income statement and cash flow. These are optimistic numbers because Jerry currently has no competition but he has heard rumors that he will have a competitor in the upcoming years. Also, insurance rates could rise and the lease on the land expires next year. Years
jeremy leased a car with an msrp of 34,500 for 48 months by first making a down payment of 2200 if the lease factor was 0.00045 and the purchase value of the car after the lease was 19,990 , what was jermys monthly payment?
Jeremy grew up in an area where the land was flat. Sally grew up a large city with tall buildings. How may their depth perception be different? How does this illustrate the concepts of object recognition and visual perception?
Jenny watches her big brother climb from the couch to the coffee table, a behavior she has never attempted herself. The next day, Jenny climbs up on the couch and then over to the coffee table. Jenny’s behavior is referred to as:
post-observation modeling.
replication.
deferred imitation.
symbolic representation.
Budget expense for 2018/2019
Item – Amount
Mortgage & loan repayment (include interest & principal) – $27,513
Work related expense for Michael – tax deductible – $2,700
Living cost – $41, 800
Holiday travel costs – $20,000
Jenny Holzer’s work was projected onto the Guggenheim Museum on Manhattan’s Upper East Side. Faro’s was painted on a non-descript wall in Chelsea, another neighborhood in New York City. What is the relevance of location in each of these cases? How does it impact the the way you understand each work?
The embellishment of the sacred word is important in many religions, particularly in Judaism and Islam, where figurative arts have traditionally been prohibited. Why do you think that the decoration of words might be acceptable when figurative imagery is not?
Hi there! Click one of our representatives below and we will get back to you as soon as possible.