answer: #Person2# tells #Person1# that their final grades are based on many things such as homework, attendance, quizzes, mid-term, and final. And #Person2# will allow one unexcused absence.
documents: #Person1#: I was wondering how you are going to calculate our final grades.
  #Person2#: Grades are based on many things
  #Person1#: What counts the most?
  #Person2#: Actually I look at all of it and let's not forget class participation.
  #Person1#: Do you grade on a curve or use percentages?
  #Person2#: Homework, attendance, and quizzes are sixty percent ; the mid-term and final are worth twenty percent each.
  #Person1#: What if we miss something?
  #Person2#: I will allow one unexcused absence ; after that you need to contact me ahead of time.
  #Person1#: Will you tell us if we are failing during the year?
  #Person2#: You will be able to track your progress during the year.