Dana believes that a new phone to be sold by Ear Fruit Inc. will become the most popular phone in the market. Dana enters into a contract to buy 500 shares of Ear Fruit stock, anticipating an increase in its value. The phone does not become popular, and the price of the stock does not rise. Dana can recover
A. nothing.
B. the amount of the purchase price.
C. the amount of the purchase price plus the expected increase.
D. the amount of the purchase price plus the unexpected decrease.
Answer: A
You might also like to view...
A ROC is generally shared with multiple companies
Indicate whether the statement is true or false
Proof of copyright infringement must demonstrate that the allegedly infringing work is identical to the copyrighted work
Indicate whether the statement is true or false
A registration certificate for a partnership's fictitious name contained the names of Barry, Boyd, and Swartz. Bank or America extended credit to the firm in reliance in part on the certificate that named Swartz as a partner. Swartz, in fact, had no knowledge of the certificate and never had agreed to be a partner. Because of BOA's reliance on the certificate and the statement that Swartz was a
partner, Swartz has a partner's liability insofar as Cruise is concerned. Indicate whether the statement is true or false
A positive review of a product or service posted on a(n) ____________ can result in a substantial increase in sales of the product or service.
A. news article comments page B. email C. popular blog D. company Web page E. Wikipedia page