Cheryl, age 16, ordered a new dress to wear to the school prom. She has contracted to pay $500 when the dress arrives. Before the dress arrives, Cheryl decides that the dress is too expensive, and she now wishes to cancel the order. Cheryl:
a. must pay $500 for the dress because the dress was specially ordered for her.
b. must pay $500 for the dress because clothing is classified as a necessary.
c. may disaffirm this executory contract because, while clothing in general is classified as a necessary, a new prom formal would probably not be classified as a necessary.
d. must accept the dress and pay the reasonable value of the dress.
c
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The student population of Moon University at the end of the last five years is provided in B2:B6. Which formula in B7 will allow you to determine the student population growth rate from the end of year 1 to the end of year 5?
a) =RATE(A6,0,B2,B6)
b) =RATE(A6+1,0,-B2,B6)
c) =RATE(COUNT(B2:B6)-1,0,-B2,B6)
d) =RATE(A2,0,B2,B6)
Legal constraints and ethical considerations should be considered when developing a company's pricing policy
Indicate whether the statement is true or false
With the intent to avoid liability for negligence, Mall Mart Discount Stores can normally obtain a court order to enforce A) ?a covenant not to compete
B) an adhesion contract. C) an exculpatory clause. D) ?none of the choices.
(a) Calculate the current value of Bond L. (See Table 6.2)
(b) What will happen to the value/price as the bond approaches maturity? What will be an ideal response?