Using the above information, how much would you pay for a share of BHP Billiton stock?

A) $41.91
B) $41.93
C) $41.65
D) $41.59

Answer: B

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Ludwig is a tenant of a commercial building. Contrary to the lease agreement, Ludwig has been storing hazardous chemicals in the building

On one occasion the chemicals ignited and started a small fire as a result of which the fire department had to be called. A report of the incident and the cause of the fire was sent to the landlord Colby Enterprises. Two weeks after Colby received the Fire Department's incident report, Ludwig paid his monthly rent to Colby and received a receipt for the payment. After discussion with its insurers, Colby served a notice on Ludwig to remedy the breach of the lease agreement. Ludwig failed to do it by the time allowed. With respect to the actions available to Colby at this stage, which of the following statements is TRUE? A) Colby can increase Ludwig's rent as a penalty for his non-compliance B) Colby can evict Ludwig from the premises C) Colby can remove the hazardous chemical from the building itself and charge Ludwig for the cost of doing so. D) A and C

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In which of the following circumstances can a landlord evict a commercial tenant for failure to pay rent?

A) Where the rent is due and remains unpaid for 30 days or more B) Where the rent is due and remains unpaid for 60 days or more C) Where within a sixmonth period, the tenant has failed to pay the time on at least three 3 . occasions D) Where the rent is due and remains unpaid for 15 days or more E) Where there has been a persistent failure by the tenant to pay the rent on time

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