A hypothetical political op-ed article on the withdrawal from Afghanistan started with the short sentence, “We failed the Afghan people.” What is the function of this short sentence?

Pietro and Avana have a partnership importing exotic birds from South America. Congress passes a law prohibiting the importation of birds. Does the law have any effect on the partnership?

Dominic earned $1,500 this year, and his employer withheld $200 of federal income tax from his salary. Assuming that Dominic is single, 30 years old, and will have zero tax liability this year, is he required to file a tax return? If not, should he file a tax return?  Why?

This is where I will add the points for your tax return.  Please be sure to see the instructions in the assignment for test 1 tax return.  Once I have graded your return, I will put your points in here. 

Pietro and Avana have a partnership importing exotic birds from South America. Congress passes a law prohibiting the importation of birds. Does the law have any effect on the partnership?

Assuming a positive interest rate, the present value of money suggests:

Assuming a positive interest rate, the present value of money suggests:

Kyle and Felix have a business called Fishing Kings, which escorts tourists on fishing expeditions in Florida. Fishing Kings is doing poorly. Ernesto, a contractor, wants $10,000 for the work he did on Kyle’s house. Colin, a tech consultant, wants $7,000 owed to him for setup and purchase of computers in Fishing Kings’ office. Kyle sells one of Fishing Kings’ boats in order to pay some of the debts. When Felix finds out about the sale, he is furious and yells that Kyle had no right to sell the boat without his permission. Kyle responds that he was acting as an agent of the partnership in selling the boat. Which creditor, if any, has priority in Fishing Kings’ assets?

In the text case Auerbach v. Bennett a shareholder brought a derivative action after an internal audit of the GTE Corporation suggested that the corporation’s management had paid significant amounts in bribes and kickbacks over a period of several years. Which of the following was the result on appeal?

In the text case Auerbach v. Bennett a shareholder brought a derivative action after an internal audit of the GTE Corporation suggested that the corporation’s management had paid significant amounts in bribes and kickbacks over a period of several years. Which of the following was the result on appeal?