Answered step by step
Verified Expert Solution
Question
1 Approved Answer
our roommate discovers cold fusion while tinkering in Chemistry 103 . He sks you for $100 so he can send his discovery to the US
our roommate discovers cold fusion while tinkering in Chemistry 103 . He sks you for $100 so he can send his discovery to the US patent office. He ays you can either give him the money as a bond that pays interest of 0%, or as an equity investment worth 49% of his company. Cold fusion ill solve the world's energy problem, so your roommate (and his ompany) will soon be the richest entity on the planet. What should you o? Lend him the money by buying his company's $100 bond. Buy 49% of his company for $100. Refuse to give him any money, even though you are sure he really has discovered cold fusion, because you don't want him to be burdened with any debt. Report him to the Chemistry professor for not strictly following the lab instructions
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started