Ralph waters operates a watch repair business in mesa, arizona. he orders most of his parts from out-of-state suppliers. he orders watch faces from a supplier in escondido, california. the supplier does not have a sales force but relies on catalogues shipped to watch dealers throughout the country as his means of marketing. ralph installed several of the suppliers' watch faces on his customers' watches. a strange chemical reaction between perspiration and the faces of the watches caused ralph's customers to develop rashes and nausea, with some requiring hospitalization. ralph wishes to bring suit to recover damages ($75,000) from the escondido supplier. which of the following statements is true?
(a) ralph must bring suit in california to gain jurisdiction over the supplier.
(b) ralph has a diversity action that can be brought in federal court.
(c) ralph will not be able to bring suit in arizona because there are no contacts in the state.
(d) none of the above

Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?