Reductions in process variance result in higher process capability

Marcel Lepine and Charles Aucoin are the two equal shareholders of a corporation that runs a clothing business. They begin to fight to the extent that they won't speak to each other even to manage the business

Marcel brings a court application under the shareholder oppression remedy to get a court order that the corporation buy his shares. The corporation has the money to do so, but Charles won't agree to the purchase. Which of the following is TRUE? A) Marcel will not be successful on the court application because there has merely been a deadlock and no oppression. B) Deadlock between shareholders is sufficient grounds for an order under the shareholder oppression remedy. C) The court will only order a sale to strangers and not order the corporation to purchase Marcel's shares. D) This is a common situation and not serious enough to justify any of the oppression remedies. E) The court cannot order Charles to agree to the purchase.

A town's garbage trucks accidentally sideswiped two parked automobiles in the year ended December 31, 2013 . One case was settled for $3,000, and the town expects to pay it in January 2014

In the other case, the claimant originally demanded $15,000 . The town attorney thinks they can settle the claim for $10,000, but it probably will take two years to settle the case. What amount should the town report as a claims liability on the General Fund's December 31, 2013 balance sheet? a. $0 b. $3,000 c. $13,000 d. $18,000