People Southwest Airlines (PSW) has warrants outstanding that have an exercise price of $10. Each warrant entitles the holder to purchase one share of PSW common stock. Last week PSW common stock was selling for $12 per share, and at the same time, the warrants traded at $5 each. Determine the warrant's premium over the formula value

Based on class discussion it would be a violation of federal law to refuse to hire someone because he/she was which of the following?

A. Twenty percent overweight. B. Of a national origin different from yours. C. Lacked a college education. D. Under the age of 21. E. Over the age of 35.

Which of the following is an incorrect statement regarding the naming of a limited liability company (LLC)?

A) Selecting a name is an important step in creating an LLC. B) The words "Incorporated" or "Inc." must be used in naming an LLC. C) An LLC name is reserved by filing an application with the secretary of state. D) In the process of naming an LLC, it is necessary to determine whether the proposed company name is federally trademarked by another company.