Dean crawley is a foreman for the albuquerque construction co. as part of his duties, dean often must run to the hardware store to purchase supplies when they are needed immediately for a building project. one afternoon, dean's building crew ran out of a particular sized nail and needed 35 more right away to meet their tight project deadline. dean went to the nearest hardware store to restock, but quickly realized he had forgotten his wallet. rather than waste precious time retrieving his wallet, he slipped 40 nails into his pockets and walked out without paying for them. even though dean's actions specifically violated company policies, the company may still be held criminally responsible for his theft.

a. True

b. False

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her mental condition, her daughter, beverly mcdaniel, signed the admissions agreement. it included a clause requiring the par- ties to submit any dispute to arbitration. after lumpkin left the center two years later, she filed a suit against picayune to recover damages for mistreatment and malpractice. [covenant health & rehabilitation of picayune, lp v. lumpkin, 23 so.2d 1092 (miss. app. 2009)] (see page 91.) 1. is it ethical for this dispute—involving negligent medical care, not a breach of a commercial contract—to be forced into arbitration? why or why not? discuss whether medical facilities should be able to impose arbitration when there is generally no bargaining over such terms.

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?