A farmer contracted with a wholesaler to sell 10,000 pounds of dragon fruit at $10 per pound, the market price for dragon fruit at that time. After these merchants executed the contract, a variety of unforeseeable factors, including favorable weather conditions and a significant number of other farmers growing dragon fruit, drove the market price of dragon fruit to $1 per pound. The wholesaler attempted to renegotiate with the farmer, but the farmer refused to modify the contract. When the wholesaler refused to accept delivery of the dragon fruit, the farmer sued the wholesaler. The wholesaler raised the defense that to force him to buy dragon fruit for ten times its current market price would be unconscionable. Does the wholesaler have a valid unconscionability defense

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

Calculating and interpreting eps information wells fargo reports the following information in its 2015 form 10-k. in millions 2015 2014 wells fargo net income $24,005 $24,168 preferred stock dividends $1,535 $1,347 common stock dividends $7,400 $6,908 average common shares outstanding 5,136.5 5,237.2 diluted average common shares outstanding 5,209.8 5,324.4 determine wells fargo's basic eps for fiscal 2015 and for fiscal 2014. round answers to two decimal places.

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: