Lewis signed a contract for the rights to all timber located on nine-mile mine. he agreed to pay $70 per thousand board feet ($70/mbf). as he began work, nine-mile became convinced that lewis lacked sufficient equipment to do the job well and forbade him to enter the land. lewis sued. nine-mile moved for summary judgment. the mine offered proof that the market value of the timber was exactly $70/mbf, and lewis had no evidence to contradict nine-mile. the evidence about market value proved decisive. why

Serious question, which is preferred in a business? pp or poopoo?

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?

Identify the level of the literature hierarchy for u.s. gaap to which each item belongs