Acme corporation has 1,000 shares outstanding. joan and bill are married, and they each own 25 shares of acme. joan’s daughter, shirley, also owns 25 shares of acme. joan is an equal partner with jeri in the j& j partnership, and this partnership owns 60 shares of acme. jeri is not related to joan or bill. how many shares of acme is shirley deemed to own under the stock attribution rules?

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars