Andrew purchased maple manufacturing company on march 17 of the current year for a lump-sum price of $3.5 million. the value of the assets was as follows: carryingfair $ 100,000$ 100,000cash500,000500,000equipment1 ,650,0001,750,000building400,000750 ,000land100,000150,000covenant not to compete0175,000goodwill075,000andre w assumed no liabilities. what is his basis in the covenant not to compete?

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form