A contract entered into by an intoxicated person is never valid
a. True
b. False
Indicate whether the statement is true or false
False
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Fill in the blank(s) with the appropriate word(s).
Which of the following statements is FALSE?
A) it is legal to hit a child in under certain circumstances B) self-defence can be a complete defence to a claim of battery C) provocation can be a complete defence to a claim of battery D) consent can be a complete defence to a claim of battery E) teachers can use limited force on children in certain situations
The minimum guaranteed amount you are willing to accept to avoid the risk associated with a gamble is referred to as the ________
A) risk premium B) certainty equivalent C) EVPI D) EMV E) EVSI
If the stockholders of a firm prefer current income to future income, then the:?
A. ?cost of equity decreases as dividend payout increases. B. ?cost of equity decreases as the investment opportunities of the firm increase. C. ?cost of equity increases as excess cash available to the firm increases. D. ?cost of equity decreases as management's restriction on ownership dilution increases. E. ?cost of equity increases as debt restrictions decrease.