Stretching a car loan from 48 months to 60 months means the car will end up resulting in a smaller monthly payment

Indicate whether this statement is true or false.


Answer: TRUE

Business

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Peter from Calgary was walking across the street in Halifax. Suddenly Tara from Toronto drove her car through a red light and hit Peter causing him serious injuries. As a result, which of the following statements is FALSE?

A) Peter can sue Tara in a court in Calgary or Halifax B) Peter would start the legal proceedings by filing a statement of claim C) a court in Toronto could have jurisdiction to hear this case D) Tara will have a time limit on when she must file a statement of defense E) Tara's lawyer will have the right to review Peter's medical records

Business

In January, Eddie contracts to sell 100 bushels of soybeans in the fall. This contract

a. is void. He cannot contract to sell a crop before it is even planted; the goods must be in existence. b. is void. The soybeans must be identified to the contract at the time he contracts to sell them. c. can be valid; but title to the soybeans cannot pass until the soybeans exist. d. can be valid, and title to the soybeans passes when the contract is signed.

Business

A gift of specific real property made in a will is known as a

a. residuary gift. b. codicil. c. legacy. d. devise.

Business

What-if analysis is the process of determining what problem data is required for a given result.

Answer the following statement true (T) or false (F)

Business