Andy "nard dog" bernard graduated from cornell in may of 2018 with a ba in women's studies. as a graduation gift, nard dog's father, a widower, gave him an old toyota prius because, according to the father, "the ferarri is more your brother's style and the old prius reminds me of you." the prius was originally purchased 8 years ago for $33,000 and today it is worth $16,000.

1. how much of the gift is subject to the gift tax?

2. if andy's father sold the prius for $16,000 and then gave andy the proceeds from the sale, how much of the gift would be subject to federal gift taxes?

3. if andy's father sold the prius for $16,000 and then gave the proceeds from the sale to cornell to pay for andy's graduate school tuition, how much of the gift would be subject to federal gift taxes?

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

Bella is the new president of first edition, a group dedicated to the promotion of english literacy in first-generation immigrant communities. in the two years that have passed since bella took the position, the organization's members have become more passionate about their mission and intensified their activities—they put in long hours teaching children to read, promoting the program to parents, and soliciting donations. bella's strength is in her ability to inspire others and make them believe that they are part of something greater than themselves. which term best captures bella's leadership style? a. transactional b. transformational c. legitimate authority d. absolute authority

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?