Ahmed has a small grocery business. He decides to incorporate, and creates Ahmed's Groceries Ltd., and runs the business through the corporation. The business needs a loan, so Ahmed goes to Big Bank to ask for a loan on behalf of Ahmed's Groceries Ltd. Big Bank agrees to lend Ahmed's Groceries Ltd. $50,000. Ahmed agrees to the loan on behalf of the borrower, Ahmed's Groceries Ltd.

After about a year, business is slow, and Ahmed's Groceries Ltd. is unable to pay its debts, including the money owed to Big Bank. Ahmed's Groceries Ltd. runs completely out of money, and goes bankrupt. Ahmed's Groceries Ltd. has no money available to pay Big Bank. Ahmed, however, is quite rich, and could afford to pay the $50,000 back to Big Bank.

Is Ahmed legally required to pay the money back to Big Bank? (10 marks)

this is business law question. i need answer about Explanation of applicable rules and cases

Question 6 The alternatives 1 and 2 in the following payoff table represent the Answer saved two possible manufacturing strategies that the EKA manufacturing Marked out of company can adopt. The level of demand affects the success of 1.00 both strategies. The states of nature (Si, i = 1, 2, 3) represent the Remove flag levels of demand for the company products. $1, $2 and $3 characterize high, medium, and low demand respectively. The payoff values are in thousands of dollars. States of nature Tin SI Alternative (strategy) 1 10 80 Alternative (strategy) 2 60 120 The best alternative (course of action) for the EKA manufacturing company using the maximin criterion is strategy _which assures a guaranteed minimum payoff of Select one: a. 2. $120,000 b. 1. $10,000 a 2. $50.000 ( d. 2. $80,060 De 1, $100.000"tell National economic development Individual Assignment 10% 1. Select one of business company and write the nature of its marketing intermediaries a) The relationship among company, wholesalers, retailers and customers b) Characteristics of business ethics involve in intermediaries network syriam c) The role of intermediary's chain in economic development. Discuss each product mix detail with its respective case.O No such branch exists O Artificial Intelligence D Question 19 Which of the following is not a factor specified in the U.S. copyright law for determining fair use? O the effect on the mark for the copyrighted work O the for profit or non-profit status of the copyright holder O the purpose and nature of the work O the amount and significance of the portion used D Question 20 Which company favors Net Neutrality?Venlite, Inc. produces and sells cosmetic products. Currently, the company is operating at 70% of its capacity. The sales price of its product is $30 per unit, and it incurs a full cost of $25 to produce each unit. Its yearly fixed manufacturing overhead amounts to $20,000. The company has received a one-time order for supplying 5,000 units at $26 per unit. This order can be executed within the excess production capacity and will not involve any additional costs. To make this decision, the management of Venlite should use Select one: A. absorption costing as the decision is short-term in nature B. variable costing as the decision is short-term in nature C. variable costing as the decision is long-term in nature D. absorption costing as the decision is long-term in nature E. none of the above