Christine and scott have been married for fifteen years. they have three children, a home, and a vacation home. the couple purchased their home together after their marriage, but scott owned the vacation property prior to the union. christine and scott are now getting divorced. christine wants half of their residence and half of the ownership of the vacation property. at times they have rented the vacation home and the proceeds have gone to their joint bank account. does christine have any legal right to the ownership of the vacation home?

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.