There are 200 business majors at a college. 77 of these students are enrolled in a course in accounting, 64 are enrolled in a course in business law, and 92 are not enrolled in either course.?
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Suppose one of the business majors is randomly selected. Given that the selected person is enrolled in either accounting or business law, what is the conditional probability that she or he is enrolled in business law??
Business Law/Accounting
1. Formation of Agency
Matt was on a business trip, staying at a Motel 7. He fell on his way to free breakfast, alleging that his fall was caused by negligence in maintaining the premises. At that time, Motel 7 was under a license agreement with Super 9, Inc. The license allowed for Super 9 to take care of the style of architecture, the equipment, and the furnishings,
The contract did not grant Super 9 the power to control the day-to-day operations of Motel 7's motel, to fix customer rates, or to demand a share of the profits. Motel 7 could hire and fire its employees, determine wages and working conditions, supervise the employee work routine, and discipline its employees. In return, Motel 7 used the trade name "Super 9" and paid a fee for use of the license and Super 9's national advertising. Matt sued Super 9, claiming Motel 7 was its agent. Is Matt correct?
Enter Shift Caps 4. A sole proprietor can be liable to a customer either directly (by his own actions) or 3 1735 068 505 258 vicariously through the actions of an employee. (A) Provide a factual situation that would give rise to an owner's direct actions under the fort called negligence Ctri (B) Provide a factual situation that would give rise to vicarious liability under a negligence theory. (C) Provide a factual situation that would give rise to vicarious liability for an intentional tort, 10 Points19. After the null hypothesis is rejected in Pearson correlation analysis a, graphical visualization proceeds b. 95% CI of r is obtained C. prospective power analysis may be done d. R-square is calculated e. all of the above 20. When we compute a traditional, 95% confidence interval (CI) of a correlation coefficient a, the CI measures uncertainty about parametric r b. we can't be absolutely sure population r is in the CI c, the CI consists of 2 numbers: LB, UB d. observed r lies midway across the range of the CI 2. 5% of the time it will not include population r f. 95% of the time it will include population r g. the CI is as important as the p-value of observed r h. all the above are correct 21. A preliminary experiment involved college students during final exam week. Randomly selected, a group was given access to DARK CHOCOLATE before the exam and the amount eaten was recorded, In general, it turned out the more chocolate eaten the better they did on the exam; but, beyond a certain point, the more chocolate eaten the worse they did on the exam, This apparent relationship between amount of chocolate eaten and how well students did on the exam is an example of a. strong, Pearson correlation b. positive, Pearson correlation C. negative, Pearson correlation d. a nonlinear relationship e. none of the above 22. When "correlation" is written or spoken about without a qualifier, we assume the type of correlation referred to is a. Kendall b. partial correlation c. multivariate correlation d. Pearson e. autocorrelation f. Spearman g- Bayesian correlation h. none of the above 23. A blvariate data set does not even come close to meeting the assumptions of Pearson correlation, And, sample size is VERY LARGE. The analyst remains determined to perform correlation analysis. Which of the options below is statistically wise. a, pursue Bayesian correlation b. calculate Pearson r but find its Cl by bootstrap E. calculate Pearson r but test its significance by permutation d. pursue nonparametric correlation . any of the aboveMore Info X 3 Paid $300 for the purchase of office supplies. 8 Paid $30,000 cash to purchase land for an office site. 12 Purchased office equipment on account, $2,800. 17 Borrowed $5,000 from the bank. Alton signed a note payable to the bank in the name of the business. 26 Paid $2,400 on account. 30 Revenues earned during the month included $7,000 cash and $21,000 on account. 30 Paid employees' salaries, $2,650; office rent, $1,300; and utilities, $150. 30 Paid $3,000 of dividends to stockholder, Alton. anPart 2: Ethical Issues and the Institutionalization of Business Eth IMPORTANT TERMS FOR REVIEW voluntary practices 95 consumer protection law 101 Philanthropy 95 Occupational Safety and Health core practices 96 Administration 104 Better Business Bureau 96 Public Company Accounting Oversight mandated boundaries 96 Board 106 civil law 98 Consumer Financial Protection Bureau 109 criminal law 98 cause-related marketing 115 procompetitive legislation 100 strategic philanthropy 116 social entrepreneurship 116
