This assignment assesses the mastery of material from Week 1. Be sure to work the assessment on your paper, type your name in the integrity question, and upload your work to Gradescope. You have a time limit of 15 minutes to upload your submission to Gradescope. By signing the integrity question, you affirm you did not violate the integrity norms for the assessment (you did not cheat).Mastery Assessment Directions:·        Work the assessment on your paper.·        All cell phones and other electronic devices (except your computer) must be face down in view of the session’s camera recording.·        Keep Honorlock and the assessment open and recording while working on the assessment.·        You are allowed to use your notes on this assignment.·        You are not allowed to use your computer or tablet except to: o   Access the assessment o   Email your instructor if you have any questions o   Submit your assignment on Gradescope·        You are not allowed to communicate with any other human being (other than the instructor) while taking this assessment.·        You may not share, disseminate, or discuss these questions with any other student in this section or another section of this course who has not taken the assessment yet; doing so is considered academic dishonesty and will lead to nullification of exam grades.·        This assessment may not be posted online or disseminated.·        Do NOT save or print the assignment.·        All work must be shown on your submitted paper to receive partial credit on attempted questions.·        Please box the solution you want to be graded.·        Only one solution will be graded.·        Please write neatly and clearly; otherwise, the work and solution will be counted as incorrect.·        You have a time limit of 15 minutes to upload your submission to Gradescope.

According to the artist, what is her primary medium?

How does this element affect her work?

What do you hear at the very beginning of the song?

Use this image to answer the next 3 questions:

Taxes on wages paid to hourly employees may be at a higher tax rate than paid by wealthy individuals on their investment income.

A general partnership can be formed inadvertently.

Which of the following might be a breach of the fiduciary duty of loyalty?

A general partnership can be formed inadvertently.

The coffee company has grown and has a strong management team including Marta, Will, and Eddy. The shareholders have provided adequate capital for expansion that allows owning coffee farms in Colombia, Panama, and Costa Rica. The shareholders have largely been enthusiastic and supportive until a debate and decision last year by the board of directors of the company. A lot of political turmoil in Colombia has caused the impoverishment of people. Marta and Eddy became particularly sensitive to the working conditions, wages, and infrastructure on the farms in Colombia. They felt that their employees deserved better. At a recent board meeting, Marta and Eddy presented a detailed plan, including drawings, financials, and market conditions, as part of their proposal to raise the hourly wages of workers and construct simple housing for the workers on the farm. Initially, Will objected that the wages were above market conditions, and unnecessary because of the low wages prevailing on competing coffee farms. He also thought the housing idea was too costly. However, after a lengthy two-day meeting and discussion, Will supported the plan and the rest of the directors were convinced. The board approved the plans, and the wages and project were implemented. A group of three angry shareholders have protested. Their argument is that the increased costs are unnecessary, that the company should remain aligned with market wages of competitors, and that the housing project is so costly that the Colombian farms are no longer profitable, and that it may take up to three years to break even. These shareholders are preparing to sue the board of directors for decisions that the shareholders characterize as “waste” and for positioning the operations to lose money when they otherwise can be profitable. Do you see any legal issues here? What are the arguments? What do you think will be the outcome of a lawsuit? Answer in the IRAC format.