Kim had recently inherited a significant amount of money and was seeking an investment opportunity when he saw his local mini-mart advertised for sale in the window of a real estate agent. He immediately made an appointment to meet with the current owners and review their accounts.

When Kim met with the owners they were pleasant but not really forthcoming with any information. They just told him to speak to their accountant and said 'He will be able to answer all your questions'. So Kim met with the accountant and was reassured by the positive report he was given. The accountant told him (correctly) that the shop had experienced a steady increase in profit over the previous 5 years and the accountant further stated that he could 'see no reason why this would change in the near future'. However he also cautioned Brad that business was a 'fickle thing', and warned him that he was 'not prepared to forecast future growth'. He said he was 'just an accountant' not 'an expert in the supermarket business' and suggested that Kim seek independent advice from an expert in supermarket retailing before proceeding with the purchase.

But Kim did not heed the accountant's advice. He was so encouraged by what he had heard about the business and its constantly improving profitability that he decided there and then to invest in it, without any further delay. After purchasing and taking over the business all went well for a year or so, until a large (full service) Woolworths store opened directly across the road and Kim's business rapidly dropped off.

Brad is now facing financial ruin and can only hope to sell the mini-mart for its land value. He has recently discovered that the Council had approved the Woolworths development shortly prior to his purchase of the business and that the previous owners had heard rumors' of this, which is why they had decided to sell. He would definitely not have gone ahead with his purchase of the business if he had been made aware that Woolworths would be opening a major new supermarket across the road. He suspects that, at the time he spoke to them, both the accountant and the agent were also probably aware that the Woolworths development had been approved by the Council and was, or was very likely to be, going ahead.

Advise Kim as to whether he can successfully make a claim for damages against either the vendors or the accountant for negligent misstatement.

1. Slide #56 of the BGP Powerpoint presentation shows an example where an eBGP session is set up to the Loopback IP address of another router, rather than to an interface IP address. a) (5 points) What advantage is gained from using the Loopback IP as the target of the BGP session rather than an interface IP? b) (5 points) The Cisco configuration also shows that 2 static routes are set up on each router. Why are these static routes required?may not know each other must know each other for at least a year before the formation of the company Question The which is required by the Franchise Rule, enables prospective investors to learn about the background of the business. offering circular offering document offering disclosure circular offering circular document 4 points Save Question 15 By law, shareholders in a corporation must be given stock certificates as a sign of formal ownership. True False Question 16 4 points Save The rules that regulate and govern the internal operations of a corporation are known as: the certificate of incorporation the bond the bylaws statutes of business the corporate constitution Question 17 4 points Save Unless its articles of incorporation provide otherwise, a corporation: lasts for twenty years lasts for fifty years lasts perpetually lasts as long as state law allows; the life varies among the states lasts as long as the IRS permits Question 18 A qualified job applicant is confined to a wheelchair. An employer does not have to hire the person if the bathroom the place of employment are not wheelchair accessible. True False Question 19 4 points Save Under Title VII, national origin refers to: the country where a person is born or the country from which his or her ancestors came the country where a person lives the color of a person's skin the religion of a person's ancestors the country a person most recently lived in Question 20 If a court finds that a worker suffered illegal discrimination in employment, in addition to back wages the worker General Page 3Par value of a stock refers to the: A) Issue price of the stock. B) Value assigned per share by the corporate charter. C) Market value of the stock on the date of the financial statements. D) Maximum selling price of the stock. E) Dividend value of the stock.Question 5 (2 points) Which of the following is true of partnerships and corporations? A corporation is a conduit for income and is not taxed as a separate entity. Ownership and control of partnerships are separated. Partnerships are easier to form when compared to corporations. All the shareholders in a publicly held corporation have equal rights in management and conduct of business. Partners can easily transfer their interest in partnerships through stocks when compared to corporations.QUESTION 49 Which of the following is true about marketing messages and social media? a. Traditional marketing messages are bottom up. Ob. Social media marketing messages are not like traditional marketing messages. c. Social media messages are typically bottom up. d. Traditional marketing messages are top down, similar to social media messages e. Social media follows traditional marketing messages and how they are distributed QUESTION 50 What do users say is their primary reason for using social media? O a. Reconnecting with school mates Ob. Reconnecting with old friends O c. Promoting their own goals and objectives O d. Sharing information about themselves O e. Staying in touch with family and friends