An investor who has a margin account with his brokerage firm buys 100 shares of Quick Flip Inc. Later that day, the investor sells 100 shares of Quick Flip Inc. Without other holdings in Quick Flip Inc, would this sequence of transactions be considered a day trade?

Simon, aged 10, is invited to a classmate's birthday party at an exclusive ski resort on march 15th. the day will include 4 hours of snowboarding, lunch and birthday cake. simon's mother checks a box on the invitation that says "yes, we will attend" and returns it to the classmate's address. unfortunately, they later don't attend the party when simon comes down with the flu. on march 17th, simon's mother receives an invoice in the mail from simon's classmate for $35 that says, "party no-show fee." can simon's classmate collect the fee?