Savaretti offered to pay his niece, Wilma, $2,000 if she would agree to give up eating meat and pastries and drinking caffeinated beverages for six months. Wilma agreed and gave up these activities for six months. At the end of those six months, Savaretti refused to give Wilma the $2,000, arguing that because giving up caffeine, meat, and pastries was beneficial to her health, she suffered no detriment and was owed nothing. Wilma took Savaretti to small claims court and demanded payment of the $2,000. She argued that because she had the legal right to consume the caffeine, meat, and pastries, she suffered a legal detriment and was entitled to her money. How should the referee rule in this case

An investment counselor calls with a hot stock tip. he believes that if the economy remains strong, the investment will result in a profit of $40 comma 00040,000. if the economy grows at a moderate pace, the investment will result in a profit of $10 comma 00010,000. however, if the economy goes into recession, the investment will result in a loss of $40 comma 00040,000. you contact an economist who believes there is a 2020% probability the economy will remain strong, a 7070% probability the economy will grow at a moderate pace, and a 1010% probability the economy will slip into recession. what is the expected profit from this investment?

Emil motycka is considered an entrepreneur because

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.