A policeman cruises (on average) approximately ten minutes before stopping a car for speeding. 90 % of the cars stopped are given speeding tickets with an $80 fine. It takes the policeman an average of five minutes to write such a ticket. The other 10 % of the stops are for more serious offenses, leading to an average fine of $300. These more serious charges take an average of 30 minutes to process. In the long run, at what rate (in dollars per minute) does he assign fines.

Oliver queen buys 100 shares of stock in green arrow archery corporation, a publicly traded company with which he is not affiliated as a director, officer, or employee. he then sells his 100 shares to john diggle. the sec sues oliver because he didn't register the sale of stock to john. who wins? oliver, because the sale falls into the nonissuer exemption oliver, because the sale falls into the private placement exemption the sec, because the transaction is not exempt from registration the sec, because even exempt transactions must be registered with the sec