Maria, Pablo, and Vicky are recent college graduates who would like to go into business for themselves. They are considering purchasing a franchise. If they enter into a franchising arrangement, they would have the support of a large company that could answer any questions they might have. Also, a firm that has been in business for many years would be experienced in dealing with some of the problems that novice businesspersons might encounter. These and other attributes of franchises can lessen some of the risks of the marketplace. What other aspects of franchising-positive and negative-should Maria, Pablo, and Vicky consider before committing themselves to a particular franchise ?

The franchise agreement of Domino’s Pizza, L.L.C., sets out operational standards, including safety requirements, for a franchisee to follow but provides that the franchisee is an independent contractor. Each franchisee is free to use its own means and methods. For example, Domino’s does not know whether a franchisee’s delivery drivers are complying with vehicle safety requirements. MAC Pizza Management, Inc., operates a Domino’s franchise. A vehicle driven by Joshua Balka, a MAC delivery driver, hydroplaned due to a bald tire and wet pavement. It struck the vehicle of Devavaram and Ruth Christopher, killing Ruth and injuring Devavaram. Is Domino’s liable for negligence? Explain. [Domino’s Pizza, L.L.C. v. Reddy, 2015 WL 1247349 (Tex.App.—Beaumont 2015)]

Trilobite fossils are found in only a few rock layers, so they are useful a. index fossils. b. means of absolute dating. c. indicators of stratification. d. means of radiometric dating.

The table shows how many years the stock market gained or lost a given percent over a recent 17 year period based on the Dow Jones Industrial Average. Find the experimental probability of the given event.

$$\begin{array}{|c|c|c|c|c|c|} \hline \text { Range } & \begin{array}{c} \text { Lost more } \\ \text { than 0\% } \end{array} & \begin{array}{c} \text { Gained } \\ 0 \% \text { to } 9 \% \end{array} & \begin{array}{c} \text { Gained } \\ 10 \% \text { to } 19 \% \end{array} & \begin{array}{c} \text { Gained } \\ 20 \% \text { to } 29 \% \end{array} & \begin{array}{c} \text { Gained more } \\ \text { than } 29 \% \end{array} \\ \hline \text { Years } & 4 & 2 & 4 & 4 & 3 \\ \hline \end{array}$$

The stock market has a loss.

You have noticed that bond prices have been rising over the past few months. All else equal, what does this suggest has been happening to interest rates? Explain.

National Foods, Inc., sells franchises to its fast-food restaurants, known as Chicky-D's. Under the franchise agreement, franchisees agree to hire and train employees strictly according to Chicky-D's standards, and Chicky-D's regional supervisors must approve all new hires and policies, though this is routinely done. Chicky-D's reserves the right to terminate a franchise for violating the franchisor's rules. After several incidents of racist comments and conduct by Tim, a recently hired assistant manager at a Chicky-D's, Sharon, a counterperson at the restaurant, resigns. Sharon files a suit against National. National files a motion for summary judgment, arguing that it is not liable for harassment by franchise employees. Will the court grant National's motion? Why or why not?

Of the approximately $200 \mathrm{GM}$ crop varieties that have been developed, only a few are widely used. What are these varieties, and how prevalent are they?

Daniel is the owner of a chain of shoe stores. He hires Rubya to be the manager of a new store, which is to open in Grand Rapids, Michigan. Daniel, by written contract, agrees to pay Rubya a monthly salary and $20$ percent of the profits. Without Daniel's knowledge, Rubya represents himself to Classen as Daniel's partner and shows Classen the agreement to share profits. Classen extends credit to Rubya. Rubya defaults. Discuss whether Classen can hold Daniel liable as a partner.

Chrysler, LLC, awarded a Chrysler-Jeep franchise in Billings, Montana, to Lithia Motors, Inc. Lithia exceeded the sales goals and other expectations expressed in the franchise agreement. Later, Chrysler approved an application by Rimrock Chrysler, Inc., to open an additional Chrysler-Jeep franchise less than a mile from Lithia's location. Lithia's agreement was silent on the issue of territorial rights, but the dealer protested Chrysler's approval of Rimrock's application. Could Chrysler's actions be considered a breach of the franchisor's deal with Lithia? Discuss.

Gender is an example of an ascribed status

Match the definition with the type of status (a-d) it best describes. Sex, gender, race. a. ascribed status b. achieved status c. master status d. status set.

Kayla, a student at Learnwell University, owes $20,000 in unpaid tuition. If Kayla does not pay the tuition, Learnwell will not allow her to graduate. To obtain the funds to pay the debt, she sends e-mails to people that she does not personally know asking for financial help to send Milo, her disabled child, to a special school. In reality, Kayla has no children. Is this a crime? If so, which one?

Assume that Del Rey files a lawsuit against La Grande Enchilada, claiming that his franchise was wrongfully terminated. What is the main factor that a court would consider in determining whether the franchise was wrongfully terminated?

Basic Research, L.L.C., advertised its products on television networks owned by Rainbow Media Holdings, Inc., through an ad agency, Icebox Advertising, Inc. As Basic’s agent, Icebox had the express authority to buy ads from Rainbow on Basic’s behalf, but the authority was limited to buying ads with cash in advance. Despite this limit, Rainbow sold ads to Basic through Icebox on credit. Basic paid Icebox for the ads, but Icebox did not pass all of the payments on to Rainbow. Icebox led for bankruptcy. Can Rainbow recoup the unpaid amounts from Basic? Explain.