Zoning restrictions would mist likely regulate which of the following?

A. Landscaping of residential property.
B. Lot size.
C. Heating equipment.
D. Fire safety standards.

Answer: B. Lot size.

Business

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Walker, Incorporated uses stock options as a compensation incentive for its top executives. On January 1, Year 1, 25,000 options were granted, each giving the holder the right to acquire four $5 par common shares. The exercise price is $15 per share. Options vest on January 1, Year 5 and cannot be exercised before that date and will expire on December 31, Year 8.. The fair value of the 25,000

options, estimated by an appropriate option pricing model is $50 per option. Refer to Walker Corporation. Make the journal entries to record the granting of the options and the compensation for Year 1. What will be an ideal response?

Business

A principal function served by the appellate courts is to:

a. ensure that the trial judge correctly applied the law b. investigate the jury members to be sure that each was thinking in an unbiased manner c. verify the factual determinations made by the judge d. verify the factual determinations made by the jury e. all of the other choices

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