Arbitrage is:
A. a means of settling payroll disputes between professional athletes and their respective teams.
B. the difference between the amount of interest paid on long-term debt and the amount of interest received when investing the proceeds of that long-term debt.
C. the amount of tax plus interest paid by governments on the total of the excess of revenues and other financing sources over expenditures and other financing uses in the governmental funds and operating income in the proprietary funds.
D. a payment in lieu of tax from the federal government to a local government for some services provided to the federal government by the local government.
B
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Carlton was in a real cash crunch. He needed to pay his monthly lease payment, but the remodeling he did cost so much that he didn't have the cash. Carlton should have considered a ___________________ clause
a. Leasehold improvements b. Use of premise c. Non-compete d. Hours of operation
Martin is a security guard in a clothing store. He suspects Emma, a customer, of shoplifting. He locks Emma in a room and does not allow her to leave the store until he has searched through her belongings and interrogated all the witnesses
If Emma is entirely innocent of any wrongdoing, and assuming that the state in which this occurred does not recognize the shopkeepers' privilege, which of the following torts has Martin committed? A) trespass to realty B) conversion C) false imprisonment D) disparagement