Priscilla Howard was 16 when she signed a binding arbitration agreement with her employer, Food, Folks & Fun, Inc. She later sued her former employer on grounds that she suffered sexual harassment during her employment and that she was constructively discharged because of her complaints about the work environment. The defendant employer filed a motion to compel arbitration regarding Howard's claims. Howard responded by arguing that her filing of the lawsuit amounted to disaffirmance of the contract regarding the arbitration agreement. Additionally, she argues that she did not understand when she signed the arbitration agreement what the ramifications of that agreement would mean and that the defendant never informed her of what arbitration even was. The defendant argued that Howard's disaffirmance was not timely because it came eight months after her eighteenth birthday and had the assistance of counsel. Do you think the binding arbitration agreement was enforceable? Why or why not?

Rate of return, standard deviation, coefficient of variation personal finance problem mike is searching for a stock to include in his current stock portfolio. he is interested in hi-tech inc.; he has been impressed with the company's computer products and believes hi-tech is an innovative market player. however, mike realizes that any time you consider a technology stock, risk is a major concern. the rule he follows is to include only securities with a coefficient of variation of returns below 1.07. mike has obtained the following price information for the period 2015 through 2018:hi-tech stock, being growth-oriented, did not pay any dividends during these 4 years. a. calculate the rate of return for each year, 2015 through 2018, for hi-tech stock. b. assume that each year's return is equally probable and calculate the average return over this time period. c. calculate the standard deviation of returns over the past 4 years. (hint: treat this data as a sample.) d. based on b and c determine the coefficient of variation of returns for the security. e. given the calculation in d what should be mike's decision regarding the inclusion of hi-tech stock in his portfolio?