Define and explain the various forms of intellectual property that can be owned by a business. How can a business protect these various forms of intellectual property from theft and infringement? Fully explain your answer.
3) A firm has a market value equal to its book value. Currently, the firm has excess cash of $400 and other assets of $7,600. Equity is worth $8,000. The firm has 200 shares of stock outstanding and net income of $900. The firm has decided to pay out all of its excess cash as a cash dividend. What will the earnings per share be after the dividend is paid?
4) The Wordsmith Corporation has 10,000 shares outstanding at $30 each. They expect to raise $150,000 by a rights offering with a subscription price of $25. How many rights must you turn in to get a new share?
5) Assuming everything else is constant, if a stock’s old price is $25 and the ex-rights or new stock price is $19, then how much is the value of the right?
Mediation generally provides a faster resolution of issues compared to arbitration. Does Mediation provide a better solution? Why or why not?
What are some significant qualities that an employer should look forward to when selecting an arbitrator?
What is the difference between Actual Causation and Proximate Causation?
The forces affecting trade in global markets include sociocultural forces, economic and financial forces, legal and regulatory forces, and physical and environmental forces. What can business do to prevent unexpected problems in dealing with these forces in global market?
Jane Boles Bottling Co. has issued rights to its shareholders. The subscription price is $45 and four rights are needed along with the subscription price to buy one of the new shares. The stock is selling for $55 rights-on.
a. What would be the value of one right?
b. If the stock goes ex-rights, what would the new stock price be?
The Harmon Candy Co. has announced a rights offering for its shareholders.
Cindy Barr owns 500 shares of Harmon Candy Co. stock. Five rights plus $62 cash are needed to buy one of the new shares. The stock is currently selling for $70 rights-on.
a. What is the value of a right?
b. How many of the new shares could Cindy buy if she exercised her rights? How much cash would this require?
c. Cindy does not know if she wants to exercise rights or sell them. What alternative would have the most beneficial effect on her wealth?
How does tort law apply to business today? What torts do you think are the most common in business today? What are the ways businesses can prevent the occurrence of the torts you identified ?
Consider the following scenario: Janice buys a refrigerator on credit from Excelsior Appliances. Janice’s sales agreement treats the appliance as collateral. Janice loses her job; so, she sells the refrigerator to Henry and at the same time quits making payments to Excelsior. Henry is unaware of Excelsior’s interest when he buys the refrigerator from Janice.
When Excelsior tries to reclaim the refrigerator, the company discovers that Janice has sold the item to Henry. In your opinion, what do you think would be the fairest result?
Assume now that under the state law, Henry, as a good-faith purchaser who had no knowledge of Excelsior’s prior interest, got to keep the refrigerator. What remedy, if any, should Excelsior have against Janice?
Assume, instead, that Excelsior recovers the appliance from Janice and resells it. It is now a used refrigerator; therefore, the company recovers only $500 on resale while Janice still owes $750. What is Excelsior’s remedy, if any, against Janice for the remaining money that Janice owes?