Spousal Consent

Provisions of the Florida Therapeutic Abortion Act, which required a married woman to obtain the husband’s consent before abortion, were found to be unconstitutional. The state’s interest was found not to be sufficiently compelling to limit a woman’s right to abortion. The husband’s interest in the baby was held to be insufficient to force his wife to face the mental and physical risks of pregnancy and childbirth.43 In Doe v. Zimmerman (1975),44 the court declared unconstitutional the provisions of the Pennsylvania Abortion Control Act, which required that the written consent of the husband of a married woman be secured before performing an abortion. The court found that these provisions impermissibly permitted the husband to withhold his consent either because of his interest in the potential life of the fetus or for capricious reasons. The natural father of an unborn fetus in Doe v. Smith (1988)45 was not entitled to an injunction to prevent the mother from submitting to an abortion. Although the father’s interest in the fetus was legitimate, it did not outweigh the mother’s constitutionally protected right to an abortion, particularly in light of evidence that the mother and father had never married. In the 1992 decision of Planned Parenthood v. Casey, the Supreme Court ruled that spousal consent would be an undue burden on the woman.

Incompetent Persons’ Consent

Abortion was found to be proper by a family court in In re Doe (1987)46 for a profoundly retarded woman. She had become pregnant during her residence in a group home as a result of a sexual attack by an unknown person. The record had supported a finding that if the woman had been able to do so she would have requested the abortion. The court properly chose welfare agencies and the woman’s guardian ad litem (a guardian appointed to prosecute or defend a suit on behalf of a party incapacitated by infancy, mental incompetence, etc.) as the surrogate decision makers.

The Court Was Appalled, Tomcik v. Ohio Dep’t of Rehabilitation and Correction.

In 500 words explain the following

1. Do you agree with the court’s decision? Discuss your answer

2. Discuss why the court was appalled

3. What ethical values were lacking by the caregivers?

Kintek Ltd produces electronic calculators. The firm recently received a special-order inquiry from Anderson Electronics Inc. which has offered to purchase a large order of 6,000 calculators for a price of $38 each. Kintek’s normal selling price for the calculator is $55.

The cost data for one calculator is as follows:
Direct material $16
Direct labour 7
Manufacturing overhead 17
Variable selling expense   5
Total unit cost   $45

Additional information:

• Kintek has decided that, if it accepts the order, it will purchase additional specialized equipment costing $4,500 and will spend an additional $5,000 in set up costs.
• The manufacturing overhead costs include $6 of variable overhead and $11 of fixed overhead per unit.
• There would be no shipping expense or sales commission on the special order, so 60% of the variable selling expense would be eliminated.
• Kintek would allocate $3,000 of fixed administrative costs to the order as “part of the cost of doing business”.
• Kintek has sufficient unused capacity to produce the order.

Required:

1. Assume regular sales would not be affected by this special order. Should Kintek Ltd accept the order? By how much would profit increase or decrease if the order is accepted? Show your work.

2. Assume that by accepting this order Kintek Ltd would lose 1,000 units of regular sales.
   1. Calculate the opportunity cost from accepting the special order.
   2. Should Kintek accept the special order in this situation? (1 mark)

3. Refer to the original cost data. Kintek Ltd has 100 of last-years’ model calculators that it has been unable to sell, even at a reduced price. Another company, Bailey’s Bargain Basement Stores Ltd. has agreed to buy all 100 last year’s calculators from Kintek if the “price is right”. The agreement specifies that Kintek would have to pay $3 per calculator to have the batteries replaced. Assume that no selling expenses would be incurred and that the other unit costs (given above) have not changed since 2013. What is the minimum price that Kintek should charge Bailey’s? Show your work for full marks. (1 mark)

An investor purchases 150,000 shares with anti-dilution rights for $500,000. In a subsequent financing round, a new investor invests $100,000 for 50,000 shares.
Is the subsequent financing round a up-round or a down-round?

What is the weighted average price of the two rounds?

How many new shares must the first investor be given under the anti-dilution provision?

A fast growth share has the first dividend (t=1) of $2.33. Dividends are then expected to grow at a rate of 9 percent p.a. for a further 2 years. It then will settle to a constant-growth rate of 3.1 percent. If the required rate of return is 13%, what is the current price of the share? (to the nearest cent)

a. $25.95

b. $45.88

c. $23.54

d. $45.62

20.Charlene is a first-time homebuyer and has found the condo of her dreams with a purchase price of $625,000. Charlene needs to know if her savings will cover the down payment if she chooses the maximum high ratio mortgage option. Calculate the minimum down payment + the mortgage insurance premium, if CMHC insurance rate is 4%.

1. $125,000
2. $56,250
3. $61,000
4. $62,500

At first, the equilibrium is at natural level. If there is a decrease in the velocity of money, what are the short-run and long-run effects of the change on an economy with a horizontal aggregate supple, a vertical aggregate supple and the aggregate demand derived from the quantity equation (MV=PY)? What can the central bank do to keep the price at the initial level? I need details, too, please.

For each of the following propositions the first word in your answer should be the word True or the word False followed by a brief explanation as to why the proposition is true or false.

assume that Frank and Athena can produce either chairs or tables. If Athena has a comparative advantage in producing chairs, then she would be able to sell chairs for a higher price than Frank.

Universal Laser, Inc., just paid a dividend of $3.10 on its stock. The growth rate in dividends is expected to be a constant 6 percent per year, indefinitely. Investors require a 15 percent return on the stock for the first three years, a 13 percent return for the next three years, and then an 11 percent return thereafter. What is the current share price for the stock?

Li’s firm is fast growing. Therefore, it will pay no dividend for the next 5 years. After that, Li’s firm will initiate dividend payment. The first dividend will be $2 (at the end of the 6th year) and the dividend will grow at a rate of 5% for 10 years. Then the industry starts to stabilize, and Li’s firm will pay $3 forever. If the required rate of return is 10%, calculate the stock price.

On 3/31/2020, Company ABC released its quarterly report, showing the sales in the first quarter had tumbled 30% as pandemic hit. However, the stock price for company ABC rose by 3% (instead of fell by 3%) after the report is released. Does this mean a failure of the Market Efficient Theory? please write equations and solve step by step