Sam is fourteen and has taken piano lessons since he was five.  He feels that he misses out on many fun activities because he has to practice every day after school.  He wants to quit piano lessons, but his mother will not allow him to; she says, “If you quit the piano now you’ll be sorry when you get older.”  Sam wants to quit anyway.  What other options could Sam and his mother find?  Is there a compromise that they can make to satisfy both of them? Consider All Factors – List the different issues Sam should consider in making this difficult decision.

Strassel Investors buys real estate, develops it, and resells it for a profit. A new property is available, and Bud Strassel, the president and owner of Strassel Investors, believes if he purchases and develops this property, it can then be sold for $155,000. The current property owner has asked for bids and stated that the property will be sold for the highest bid in excess of $100,000. Two competitors will be submitting bids for the property. Strassel does not know what the competitors will bid, but he assumes for planning purposes that the amount bid by each competitor will be uniformly distributed between $100,000 and $145,000. (a) What is the estimate of the probability Strassel will be able to obtain the property using a bid of $125,000? (Use at least 5,000 trials. Round your answer three decimal places.) (b) How much does Strassel need to bid to be assured of obtaining the property? $125,000 $135,000 $145,000 (c) Use the simulation model to compute the profit for each trial of…

Toni and Kala are new coworkers. They make aplan to go out together every Thursday night. Ontheir first Thursday night out, Toni buys a pitcherof beer and shares it with Kala. Kala is excitedto discover that her Thursday night outings willinclude free beer as well as a way to have fun withher new coworker. Explain why Kala is likely to bedisappointed.

if julio ruiz has an income of $25,00, pays $6000 in rent, $1200, in utiliteis, and $5000 in taxes per year, his disposable income is

D through G please

Nylah and Toddare friends. Nylah is engaged and wants to have the wedding of her dreams, but she cannot afford it. Todd wants to help with this, so he tells Nylah he will give her $10,000 today, and she can pay him back in monthly installments of $100 beginning next month when she returns from her honeymoon. Nylah agrees and does have the wedding of her dreams. A month later, Todd asks Nylah for the first installment of $100. Nylah refuses. Todd sues Nylah. The court will a. order Nylah to pay Todd the money because there was consideration. b. not order Nylah to pay the money because there was nothing in writing. c. not order Nylah to pay the money because they are friends. d. order Nylah to pay Todd the money because there was noconsideration.

Kara wants to build a business. She has plenty of capital and potential investors and partners. She wants to avoid the burden of sole liability for her business and wants to be able to close the business when she is no longer interested in it. Which of the following would lead Kara to choose a sole proprietorship organization for her business?     Avoidance of sole liability   Ability to close the business easily   Many potential investors/partners   Plenty of capital

To assist in their promotions and appraisals, Mazen analyzed and graded the performance of his team members for the previous year. He is sure of his decisions, and the various outcomes, as he had all the needed information. This type of environment that is ideal for decision making is known as a(n) Uncertain environment. Risk environment. Certain environment. Threat environment.

A cattle producer purchased an insurance contract form the USDA Risk Management Agency. The contract pays a fixed dollar amount if and only if the rainfall in the 10 by 10 miles grid surrounding the producer’s land falls below 90 percent of the historical average rainfall. According to the lecture, this is a type of _____ insurance A cattle producer purchased an insurance contract form the USDA Risk Management Agency. The contract pays a fixed dollar amount if and only if the rainfall in the 10 by 10 miles grid surrounding the producer’s land falls below 90 percent of the historical average rainfall. According to the lecture, this is a type of _____ insurance weather pure parametric aggregate loss index parametric index

Tom decided to sell his old house, and purchase a new house that is closer to his work. He put his old house on the market, and after eight months he received an offer from Jennifer. After a short negotiating process, Tom agreed on the selling price. However, because he has not purchased a new home yet, he decided to postpone the closing sale for another five months. Jennifer was not happy with Tom’s decision because of the inconvenience of having to wait that long, and the challenges of getting a bank to guarantee an interest rate for a loan that is so far in advance. To easer Jennifer’s concerns, Tom adjusted the price so Jennifer would agree with the postponement. She agreed on the adjusted price but she would have preferred to close the deal sooner rather than later. Two months later, Tom found a home that met his requirements. The seller of the house, Lisa, set the asking price at $250,000, which was $20,000 above what Tom hoped to pay but $10,000 below the most he would be…