Carl went to the local bar after work and spent the rest of the evening drinking. when he started to go home, he discovered that his truck had a flat tire, and he began kicking the truck's fenders. when fred saw the problem and heard carl ranting in anger at his truck, he offered to give carl a ten-dollar bill and a ride home for the truck. carl took the money and sat in the cab of the pickup until fred could change the tire and drive him home. when carl couldn't find his truck the next day, he reported his truck stolen. who owns the truck and why?

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

You and your new australian bride matilda, are applying for a loan and are required to submit a balance sheet with your net worth. you own a 2008 toyota camry that you bought last month for $9,995. the kelly blue book value for this car is $13,995. you owe $8,150 on the car loan for the camry. you pay off your visa credit card every month and have not paid any credit card interest this year. the current visa credit card balance is $3,522, and the next statement is due in 15 days. you have a student loan balance of $6,500. you presently have $425 in your checking account and $1,540 in your savings account. you own 100 shares of ibm stock that you purchased for $85.50 per share. one share of ibm is now selling for $158.42. you own computers and other electronics that you purchased for $4,100 but could probably sell today on e-bay for $1,800. your gross income is $80,000 per year. what is your current net worth? (see wb ch. 2 example 2.3)

Why should managers invest any excess cash