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question 4

Essay

Use the information for the question(s)below.
In a surprise announcement,NASA released details of a major contract with Lockheed-Martin (LMT)that would increase LMT's market value by $7.5 billion.It was widely expected by the market that this contract would be awarded to LMT's major competitor Boeing (BA).Assume that Boeing has 800 million shares outstanding and Lockheed Martin has 425 million shares outstanding.Prior to this announcement,the market felt that the probability of Boeing winning the contract was 90% and that Lockheed-Martin's chance was only about 10%.
-What are the implications of the efficient markets hypothesis for corporate managers?

Understand the rights of partners to be indemnified for personal expenditures on behalf of the partnership.

Recognize the entities' liability for torts committed by partners within the scope of partnership business.

Understand partnership authority types (express, implied, apparent) and management powers.

Grasp the implications of partnership agreements on partner authority, liability, and decision-making processes.

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Definitions:

Ethical Principle

Ethical principle refers to the fundamental guidelines that dictate how individuals should act based on moral duties and virtues.

Belmont Report

A foundational document in research ethics, focusing on respect for persons, beneficence, and justice.

Beneficence

Beneficence is an ethical principle that refers to actions that promote the well-being and welfare of others, often a key consideration in research ethics.

Harmful Effects

Negative impacts or consequences resulting from an action or event.