SOlve all questions please!!!

Please answer only if you are sure about the answer.

Computers, Inc. (Computers) and Management Enterprises Company (Management) agreed that Computers would sell Management its computing business, including the land on which the business was situated, for $600,000. Both Computers and Management knew at the time the contract was formed that the business and land were actually worth $1,000,000. Is this a valid enforceable sales contract?

A. No, because Computers would not have agreed to sell the business for 40% less than its value unless it was under duress by Management to sell.

B. No, because $600,000 is not valid consideration for a business worth $1,000,000.

C. Yes, provided the contract was in accordance with state statutory law that permits real estate sales for 40% or more below market value.

D. Yes, provided the contract was in writing, in accordance with the Statute of Frauds, and the parties freely consented.

14. When comparing Pearson correlations of 0.8 and 0.9, it is actually better to compare a. 0.64 and 0.81 b. 8% and 9% C. (1 - B) and (1 - 9) d. 80 % and 90%% e. 0.B and 0,9 f. none of the above 15. Which among the alternatives below, best describes the x, y data in the graph. a. no correlation present b. weak negative correlation c. a nonlinear relationship d. a cloud of points e. a strong nonlinear relationship f. strong negative correlation g. strong positive correlation h. weak positive correlation I. none of the above 16. It's a good idea to construct a scatter plot before conducting Pearson correlation analysis because a, outliers may vitiate parametric correlation b. there's no point computing correlation if points fall on a straight line C. different methods are used for positive versus negative correlation d. one should only compute correlation if there's a clear curvilinear trend e. a person's visual impression about correlation overrides statistical analysis f. none of the above 17. A visualization that allows one to estimate the relationship between two x, y paired, numeric variables of any sample size, is a a. box plot b. histogram c. strip chant d, bar graph e. violin plot f. stem-and-leaf display g. none of the above 18. When testing Pearson r for significance, the null hypothesis is a. r is large b. r-square is 95% C. r is not zero d. r is invalid e. r is small f. r is zero g. r-square is 5% h. none of the aboveASSIGNMENT QUESTION PURPOSE The purpose of this assignment is to enhance learners' ability to explain the types of companies and exceptions of corporate veil. Learners are also expected to be able to discuss the duties of directors of a company. REQUIREMENT Explain the types of companies and the exceptions of corporate veil. Discuss the duties of the directors of a company. Give your View on the exceptions ol' corporate veil and duties of the directors. [Totah 60 marks] Question 5 {25 marks} (a)Winter Ltd is in the process of winding up and Don is appointed the liquidator. He has established the following: {i} The company acquired a property in Kowloon for $31) million and it is the subject of a charge to Kowloon Bank for $21] million. The current market price of the property is $l million (ii) The company has other unencumbered noncurrent assets of $4 million (iii) The company has a bank balance of$l .04 million at Water Bank (iv) The company has not paid its tax bill of $200,013} (V) The company still owes its suppliers $4 million (w) Liquidator's fees of $E, is owed to Don (Vii) The company owes its non-executive directors a total of $2 million directors' fees (viii) The company owes each of its 4'!) employees wages of $6633\") and severance payment of $l,DD Required: Advise Don on how the assets of the company should be distributed. (please ignore the operation of the Protection of Wages Insolyllcy Ordinance} (15 marks}