Question:
Meridian National Corp. said it sold 750,000 shares of its common stock to the McAlpine family interests, for $1 million, or $1.35 a share. The sale represents 10.2% of Meridian's shares outstanding. The McAlpine family, which operates a number of multinational companies, including a London-based engineering and construction company, also lent to Meridian National $500,000. That amount is convertible into shares of Meridian common stock at $2 a share during its one-year term. The loan may be extended by the McAlpine group for an additional year with an increase in the conversion price to $2.50 a share. The sale of shares to the McAlpine family along with the recent sale of 750,000 shares of Meridian stock to Haden MacLellan Holding PLC of Surrey, England and a recent public offering have increased Meridian's net worth to $8.5 million, said William Feniger, chief executive officer of Toledo, Ohio-based Meridian. After reading the above, is "$1.35 a share" the correct answer to the question "What will be the increase in the conversion price per share if the loan is extended?"? OPTIONS:
- no
- yes

Answer:
no

Input: You know that friction also causes heat. Think about when you rub your hands together. It is friction that makes them warm. But why does this happen? Friction causes the molecules on rubbing surfaces to move faster. Faster moving particles have more heat energy. Heat from friction can be useful. Can you think of other places where you might find friction? Friction also lets you light a match. Heat from friction can also cause problems. It can cause a car to overheat. To reduce friction, oil is added to the engine. Oil coats the surfaces of moving parts. This coating of oil makes them slippery. When things are slippery there is less friction. Have you ever seen a sign that says, slippery when wet? This too has to do with friction. Water, like oil, can reduce friction. The wet surface may allow your shoes to slide more easily.
"What can be done to prevent friction problems in engines?" is "Add oil"?

OPTIONS:
- no
- yes
Output: yes

Input: The Legal Services Corp. (LSC), a quasi-governmental agency that provides legal aid for the poor, would receive $329 million in fiscal 2004 under President Bush's proposal - the same amount requested in 2003 and approved for 2002 and 2001. If approved, the hold-the-line request for LSC means its budget would erode with inflation for another year, but it could be worse for the organization: Many conservatives fought for years to do away with the LSC altogether, saying legal services attorneys were spending too much time fighting for liberal causes or pursuing politically charged cases against the government instead of representing the needy. Opposition to the organization has cooled since 1996, when Congress approved restrictions (PL 104-134) on the sorts of cases federally funded legal aid attorneys can take. (1996 Almanac, p. 5-36) Republicans cut the organization's budget deeply in 1996, but its funding has recovered slowly. Last month, in the omnibus spending bill for fiscal 2003, the Senate added a onetime increase of $19 million, which, if approved in the final version, would bring the LSC budget to $348 million. The money would go to help states, such as Michigan and Ohio, that lost money when the organization redistributed its funding based on census counts made in 2000 of poor households. If the extra money survives a conference with the House and makes it to the president's desk, LSC supporters may try to include it in the organization's fiscal 2004 funding. The federal government began funding some programs to provide legal assistance to the poor in the late 1960s; the Legal Services Corporation was created in 1974 (PL 93-355). LSC gives nearly all its money to state and local agencies, which provide civil legal assistance to those whose income is less than 125 percent of the federal poverty level - $11,075 a year for an individual and $22,625 for a family of four. Funding for legal services goes to defend needy clients in domestic violence cases, custody cases and other such matters, according to LSC. Since 1996, lawyers who receive money from Legal Services have been prohibited from such activities as lobbying legislatures, filing class-action suits, participating in political demonstrations or strikes, pursuing abortion-related litigation, representing illegal aliens or prisoners, or defending public housing tenants evicted because they were charged with selling drugs

Does the response "The Legal Services Corp. (LSC)" correctly answer the question "What organization did Congress approve restriction on the sorts of cases federally funded legal aid attorneys can take?"?

OPTIONS:
- no
- yes
***
Output: yes

Question:
New Legitimacy: Organized crime was soon to have a formidable adversary in its bid to control Las Vegascorporate cash. Though Las Vegas had developed a powerful local economy, few major outside investments were made in the city, due primarily to mob infiltration and its inherent ties to illegal activities. That would change dramatically with the 1966 arrival of billionaire Howard Hughes. A legitimate businessman, Hughes was nonetheless eccentric and dramatic, a style suited to the Las Vegas ethos. True to the myth, the reclusive Hughes immediately cloistered himself in the Desert Inn's penthouse. Several weeks later he was askedthen orderedto vacate the room to make room for high rollers, whereupon he promptly bought the property and fired the management. Thus began Hughes' legendary three-year, $300-million Las Vegas buying spree. When it was over, Hughes owned six casinos, an airport, and an airline, along with numerous plots of land stretching from the Strip to the mountains. Hughes' actions would have beneficial repercussions, both immediate and lasting. Because of the new legitimacy Las Vegas acquired from Hughes' investments, established companies such as Hilton Hotels bought into the gaming business, and their influence helped draw a line in the desert sand between legitimate operations and mob casinos, where illegal skimming of profits was rampant. That, combined with the formation of the Nevada Gaming Control Board, would signal the beginning of the end for heavy mob influence in the city. Las Vegas with a Vision As corporations moved in and the mob was slowly pushed out, a new Las Vegas emerged. The legitimization of gambling led to its increased legalization across the US. What was once a sure thing became much more competitive. Casino operators had to reassess the nature of their business. The first to really do so was Steve Wynn, a Las Vegas resident and owner of the Golden Nugget. In the mid-1980s, Wynn began plans to reinvigorate Las Vegas with a new resort. He bought several Strip propertiesthe Silver Slipper and Castaways among themand demolished them to make way for a new kind of resortMirage which became an instant success. After reading the above, is "He got married" the correct answer to the question "What did Hughes do as soon as he arrived in Vegas in 1966?"? OPTIONS:
- no
- yes

Answer:
no