Question 1 (30 marks)
Anna has a relative, Bosco, who is the headmaster of a small primary school. This school is situated in a very remote outlying island in Hong Kong. Seeing that Anna was out of job, Bosco employed her as a teacher in his primary school. However, Anna was neither a registered teacher nor a permitted teacher, and the employment violated existing education laws in Hong Kong.
After teaching for a few months, Bosco discovered that Anna was very irresponsible and skipped lessons with a lot of excuses. Bosco warned Anna that if she did not improve, he would deduct her salary. However, Anna disregarded the warning and disappeared for a few school days. Bosco could do nothing but withhold her salary for two months. Anna was very angry and wished to initiate legal proceedings to claim back her pay.
Required
Advise Anna whether she has the right to claim the two months' salary that was unpaid. Focus your discussion on the basis of the vitiating factors of a contract. There is no need to make comments from the perspectives of Hong Kong education laws.
Which of the following is true of financial accounting? Financial accounting reports are internal reports issued as frequently as the need arises. Financial accounting reports provide special purpose information for a particular user for a specific decision. Financial accounting reports are required simply to be useful to the decision maker. C Financial accounting reports of publicly traded companies require an independent audit.Which type of organization are Xerox and IBM good examples of? ( 1) firms specializing in lease financing ( 2) firms using only leases for asset financing 3) manufacturers of items that are financed exclusively by firms specializing in lease financing O 4) manufacturers providing lease financing as part of their regular sales effortCalculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage rate for the installment loan by using the APR table, Table 13:1. (Round dollar amounts to the nearest cent.) Amount Number of Monthly Finance Finance Charge Financed APR Payments Payment Charge per $100 $17,000 4610.00 Need Help?9. A difference between Pearson correlation and Spearman correlation is that Pearson correlation a. has assumptions the data should meet b. requires larger sample size C. operates on ranks of the data d. produces unreliable results e. is amenable to multiple comparisons f. is more mathematically rigorous g. makes many passes through the data h. none of the above 10. Suppose a correlation is calculated when only a limited range of the possible values on the y variable, is present in the x, y data set. Therefore the correlation result cannot be extended to apply to the entire range of x, y values that might exist among the subjects (the statistical population)- a, optimal experimental design This situation is called b. restriction of range c. sample size too large d. x,y subgroup merger e. clusters of outliers f. rarefaction g. random sampling effect h. none of the above 11. In correlation it's wise to consider statistical power for which of the following reasons? a. to examine relations among sample size, effect size, sidedness, alpha, power b, to understand why results that are not significant may still be important C. to determine the number of subjects to use in an experiment d, to make sense of biological findings in the scientific literature e. all of the above 12. In a two-sided correlation test, p = 0.06 In a one-sided correlation test on the same x, y data, p a. 0.001 b. 0,05 C. 0.03 d. 0.002 e. 0.10 f. none of the above 13. When there's no statistically significant correlation, the computed correlation coefficient is around a. zero b. - 0.9 C. + 0.8 d. + 1.0 e. - 1.0
