Common law is written law enacted by the legislative branches of governments.
Answer the following statement true (T) or false (F)
False
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Martha entered into a contract with Terry, an art dealer. According to the contract, Terry was to supply 18th century artifacts to Martha for the play she was directing, and Martha was ready to pay $50,000 for this. Another director needed the same artifacts and was ready to pay $60,000. Terry decided not to sell the artifacts to Martha. In this case, the court may order Terry to:
A. substantially perform the contract. B. pay nominal damages. C. specifically perform the contract. D. repudiate the contract.
Uncertainty about the exact lives of assets prevents precise maturity matching in an ex post (i.e., after the fact) sense even though it is possible to match maturities on an ex ante (expected) basis.
Answer the following statement true (T) or false (F)
Recently Apple updated its iPod Touch product, which now has two cameras which can shoot HD video. Adding new camera and video recording features to the iPod Touch is an example of a:
A. product modification B. brand mix extension C. product diversification D. brand repositioning E. demographic modification
With short selling you are hoping for the stock price to fall
Indicate whether this statement is true or false.