Alejandro was new in town and was considering buying Helen's house. The paint was peeling off the exterior and most of the windows were broken, but Helen did not make a point of mentioning these defects. Alejandro bought the house, but the following month he attempted to rescind the contract because Helen had not explicitly pointed out these cosmetic problems. What will the likely outcome be?
A. Alejandro will definitely be successful because Helen had a duty to report any defects about the house.
B. Alejandro will probably be successful because there was a relationship of trust between himself and Helen.
C. Alejandro will definitely succeed because he bought the house under duress.
D. Alejandro will probably not be successful; this is something he could have reasonably been expected to notice himself.
Answer: D
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Answer the following statements true (T) or false (F)
1. Becoming a skilled public speaker has benefits for the individual, both personal and professional, and for society as a whole. 2. Sending the message is the exclusive job of the source. 3. Physical discomfort, a psychological state, intellectual ability, or the environment can create noise. 4. If you say something you regret, it doesn’t take much to “erase” that communication in your audience’s mind.
Jackson Advertising Co. had assets of $475,000; liabilities of $275,500; and equity of $199,500. Calculate its debt ratio.
What will be an ideal response?
Which of the following is not one of the needed elements of an unconscionable contract?
A) No reasonable alternative for the oppressed party B) Parties possessing severely unequal bargaining power C) An unreasonably short period of time for the oppressed party to perform D) The dominant party's unreasonable use of that bargaining power to obtain oppressive or manifestly unfair terms
Which groups of U.S. nonfinancial firms have the highest composite proportions of PP&E to TA?
a. S&P Industrials b. S&P MidCaps c. S&P SmallCaps d. S&P Transports and Utilities