Finance/Bankruptcy A
Give an example of a variable expense in a monthly budget.
Answer: Groceries, utilities, entertainment (not subscriptions), transportation
Which major U.S. bank recently faced a sudden collapse in 2023?
Silicon Valley Bank (SVB)
Who is THE Dean of St. John's Law?
Dean Jelani Jefferson Exum
This 2023 film, directed by Greta Gerwig and starring Margot Robbie, grossed over $1 billion worldwide and sparked a cultural “pink” wave.
Barbie movie
In the broadway musical Wicked the song in which Glinda explains her desire to be admired by many.
Give an example of a secured loan and an unsecured loan.
Answer: Secured = mortgage or car loan; Unsecured = credit card or personal loan
What chapter of the U.S. Bankruptcy Code is most commonly used by individuals to discharge debts?
Answer: Chapter 7
What is the difference between a tort and a contract?
Tort = civil wrong; Contract = agreement enforceable by law
This Pedro Pascal–led HBO series, based on a video game, features a world ravaged by fungal infection.
The Last of Us
Where is the world's largest McDonalds?
Orlando, Florida
This Bankruptcy Chapter is specifically designed for farmers and fishermen, enabling debt reorganization and allows the farmer/fisherman to continue operating the business.
DOUBLE POINTS: This type of fund tracks and tries to mimic the performance of the S&P 500
Index fund
What is “consideration” in contract law?
To constitute consideration, a performance or a return promise must be bargained for.
Consideration= Bargain + Legal Detriment
What date did Selena Gomez and Benny Blanco get married?
11439
Give me 2 tax haven jurisdictions. (one cannot be Cayman Islands).
Bermuda; Luxembourg; Switzerland; Singapore; Netherlands; Isle of Man
This company has the greatest market cap for nearly all of 2025?
Nvidia
Lame horse!
Parties’ conduct in the circumstances did not suggest an agreement. No prior business transactions and P sent the bill to D and the original horse owner– showing that did not know with whom he had a contract.
What is the most viewed music video of 2024?
“APT.” by ROSÉ & Bruno Mars
On which continent would you find the world’s largest desert?
Antarctica
Purdue Pharma’s bankruptcy centered on this family’s role in the opioid crisis.
the Sacklers
This company is undergoing a $1 billion internal restructuring which involves closing underperforming stores in North America and laying off 900 non-retail corporate employees, effective by the end of 2025.
Starbucks
A software company, TechNova, enters into a written agreement to deliver a custom software platform to a client, FinCorp, by December 1. TechNova knows it cannot meet the deadline due to staffing shortages but assures FinCorp that the project will be delivered on time. On December 1, the software is incomplete, causing FinCorp to lose a major business opportunity.
Under which contract law principle could FinCorp potentially recover damages?
Potentially anticipatory breach if TechNova’s prior assurances are treated as a clear indication they would not perform
How many years did it take to animate the hit movie “Kpop demon hunters?"
Seven years!