Five Friends {Alice, Bob, Cathy, Dave, and Earl} Have Decided

question 23

Multiple Choice

Five friends {Alice, Bob, Cathy, Dave, and Earl} have decided to divide up a multi-flavored cake
which was jointly purchased for $30 using the Lone-Divider Method. The cake is divided into five
pieces {s1 2 3 4 5 , , , , and s s s s } . The following table gives the dollar value of each of the slices according
to each of the five friends

Which of the five slices are considered fair shares according to Bob?
-According to the scenario above , which of the following would be a fair division?

• A) Alice : s₄ ; Bob : s₃ ; Cathy : s₂ ; Dave : s₁ ; Earl : s₅
• B) Alice : s₁ ; Bob : s₃ ; Cathy : s₂ ; Dave : s₅ ; Earl : s₄
• C) Alice : s₄ ; Bob : s₃ ; Cathy : s₁ ; Dave : s₅ ; Earl : s₂
• D) Alice : s₂ ; Bob : s₃ ; Cathy : s₄ ; Dave : s₅ ; Earl : s₁
• E) None of the above.

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Definitions:

Liability

The state of being legally responsible for something, especially in terms of debts or legal obligations.

Stolen Jewelry

Property in the form of jewelry that has been taken without permission or legal right.

Bailor

The person who temporarily transfers possession but not ownership of a property or good to another (the bailee) under a bailment agreement.

Bailee

A person or entity to whom personal property is delivered for a specified purpose without transfer of ownership.