Which of the following would be considered a material breach of a contract?
A) Partial performance that omits some essential part of the contract.
B) Delivery of 50 chairs in a contract that calls for 100 chairs.
C) An intentional breach of the contract.
D) All of these would be material breaches.
D
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The margin of dumping is calculated as
a. difference between the local market value and the U.S. price. b. difference between the foreign market value and the U.S. price. c. difference between the U.S. market value and the foreign price. d. difference between the foreign market value and the foreign price.
Which of the following is true of misrepresentation in contracts?
A. Misrepresentation cannot result from an honest mistake or negligence. B. A victim has to show detriment from misrepresentation to cancel a contract. C. A mere untrue assertion is sufficient for proving misrepresentation. D. Statements of opinion serve as a basis for rescission.
Which of these strategies softens the blow of negative messages?
A. place negative information at points of low emphasis B. avoid no or not when possible C. avoid words with negative connotations D. all of these
Suppose you are the president of a small, publicly-traded corporation. Since you believe that your firm's stock price is temporarily depressed, all additional capital funds required during the current year will be raised using debt. In this case, the appropriate marginal cost of capital for use in capital budgeting during the current year is the after-tax cost of debt.
Answer the following statement true (T) or false (F)