Gryphon Consultancy is a computer-consulting firm. It spends considerable time and effort recruiting the best personnel from the United States' leading technical schools. Gryphon employees sign an initial three-year employment commitment. Dwayne worked for Gryphon, but then he quit and formed a competing company, which he called Syntel. His new company contacted Gryphon employees by phone, offering more money to come work for Syntel. At least 16 Gryphon employees left their work without completing their contractual obligations and went to work for Syntel. Gryphon sued. What did it claim, and what should be the result?

You have most likely heard of the Liebeck v. McDonald's case. Liebeck spilled hot McDonald's coffee in her lap, suffering third degree burns. At trial, evidence showed that her cup of coffee was brewed at 190 degrees, and that, more typically, a restaurant's "hot coffee" is in the range of 140-160 degrees. A jury awarded Liebeck $160,000 in compensatory damages and $2.7 million in punitive damages. The judge reduced the punitive award to $480,000, or three times the compensatory award. Comment on the case, and whether the result was reasonable.

Self-driving cars are no longer science fiction. These vehicles are programmed to use lasers, sensors, software, and maps to drive themselves. A handful of states have passed laws allowing driverless technology on the road. But what happens when a driverless car harms someone? Who should be at fault? The passenger? The programmer? The manufacturer?

Congress passed the Protection for Lawful Commerce in Arms Act which provides that gun manufacturers and retailers cannot be sued for injuries arising from the criminal misuse of a weapon. Critics argue that when gun makers market and sell military-style assault rifles to civilians, they should be held liable because these highly dangerous weapons are designed for specially trained soldiers, not the general public. Assume you own a gun store. What ethical considerations would apply to the sale of guns in your store? If Congress had not passed the pertinent statute, what legal theory might make a gun store owner liable for a customer's misuse of a gun bought at the store?

Practice Exercise 8-2: (Statement of Liquidation and Journal Entries) Anita, Banana and Carla are partners in the ABC partnership decided to liquidate. The condensed statement of financial position of the partnership as of December 31, 2020 is presented below: Assets Liabilities and Capital Cash P 40,000 Liabilities P 140,000 Non-cash Assets 360,000 Carla, Loan 20,000 Anita, Capital 140,000 Banana, Capital 80,000 Carla, Capital 20,000 Total Assets P 400,000 Total Liabilities and Capital P 400,000 Anita, Banana and Carla share profits and losses in the ratio of 5:3:2, respectively.ABC Partnership Statement of Liquidation December 31, 2020 Non- Carla. Anita. Banana, Carla. Particulars Cash cash Liabilities Loan Capital Capital Capital Assets GENERAL JOURNAL POST DATE PARTICULARS DEBIT CREDIT REF 2 3 60 / M A W N -m... mmmmmnm 33%....\"- m\" mmmmmmw REQUIRED Inoome statement questions: "I. Are total revenues for Wat-Hart higher or tower over the four year period? 2. 1ll'tlhat is the percent change in total revenues from 2006 to 2009? 3. Is the percent of total expenses to total revenues increasing or decreasing over the four year period? Balance sheet questions: 4. Are total assets for Wat-M art higher or tower over ttre four year period? 5. 1ll'tlhat is the percent change in total assets from 2:106 to 20W? B. Is the percent of total liabiities to total liabilities + owners' equity:I increasing or decreasing? As a reth is there more risk that Wat-Mart could not pay its debts? Integrative income statement and balance sheet questions: I. Is Wat-Mart operating more or less efciently from sun? to 200-9 try using the least amount of asset investment to generate a given level of total revenues? Apps ) New Tab CanipeWhitney 0 Shared with Sydney Following is a series of independent cases. In each situation, indicate the cash distribution to be made at the end of the liquidation process. Unless otherwise stated, assume that all solvent partners will reimburse the partnership for their deficit capital balances. a. The Simon, Haynes, and Jackson partnership presently reports the following accounts, Jackson is personaly insolvent and can contribute only an additional $10,000 to the partnership. Simon is also insolvent and has no available funds. $ 50,000 Liabilities 42,000 Haynes, loan 50,000 Simon, capital (40%) 36.000 Haynes, capital (2096) (26,000) Jackson, capital (40%) (52,000) Simon, Haynes, Capital Loan and Jackson. Capital Capital Beginning balances Contribution by Jackson Capital balances Elimination of Jackson's deficit Final distribution b. Hough, Luck, and Cummings operate a local accounting firm as a partnership. After working together for several years, they have decided to liquidate the partnership's property. The partners have prepared the following balance sheet: Cash $ 40,000 Liabilities $ 36,000 Hough, loan 41,000 Luck, loan 30.000 Noncash assets 202,000 Hough, capital (50%%) 150,000 Luck, capital (40%) 26,000 Cummings, capital (10%) 41.000 Total assets $283,000 Total Habilities and capital $283,000 The firm sells the noncash assets for $100,000; it will use $41,000 of this amount to pay liquidation expenses, All three of those partners are personally insolvent. Allocation based on 50:40:10 for Hough, Luck and Cummings capital respectively. Hough, Loan and Luck, Loan cummings, and Capital Capital Capital Beginning balances Loss on disposal Liquidation exporises Capital balances Allocation of Luck's deficit Final distribution O Type here to searchQuestion 1 (10 points) In the dissolution of urea experiment, a student dissolves 1.2 g of urea into 25.4 ml of water. The initial temperature was 25.3 "C and the final temperature was 21.7 C. Calculate qsys. The specific heat of water = 4.184 J/g"C. Your Answer: Answer Save Question 2 (10 points) Calculate AG for the dissolution of urea when 4.4 g of urea dissolved in 4.4 ml of water at 25 -C. R - 8.314 1/mol.K Your Answer: Answer Save Question 3 (10 points) Calculate 459 if AG # 71.35 ki/mole and AH - 98 kl/mole at 25 .C. Your