In benny v. city car dealership, a state supreme court held that a minor could cancel a con-tract for the sale of a car. now a trial court in the same state is deciding daphne v. even steven auto deals, inc., a case with similar facts. under the doctrine of stare decisis, the trial court is likely to
a. allow the minor to cancel the contract.
b. disregard the benny case.
c. order the minor to cancel the contract.
d. require the minor to fulfill the contract.

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?