The usual method of enforcing a restrictive covenant is by specific performance
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
[The following information applies to the questions displayed below.] Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are cash transactions.)1) Acquired $6,000 cash from issuing common stock. 2) Borrowed $4,400 from a bank. 3) Earned $6,200 of revenues. 4) Incurred $4,800 in expenses. 5) Paid dividends of $800. Lexington Company engaged in the following transactions during Year 2: (Assume all transactions are cash transactions.)1) Acquired an additional $1,000 cash from the issue of common stock. 2) Repaid $2,600 of its debt to the bank. 3) Earned revenues, $9,000. 4) Incurred expenses of $5,500. 5) Paid dividends of $1,280. What was the net cash flow from financing activities reported on Lexington's
statement of cash flows for Year 2? A. $1,000 outflow B. $2,880 outflow C. $2,880 inflow D. $1,000 inflow
Why might a business manager join the Rotary?
a. to network with other business leaders b. to gain political influence in the community c. to learn best practices for environmental behavior d. to find new customers
The tort of trespass can only be committed by persons who behave in a disorderly manner
Indicate whether the statement is true or false
Trend analysis is the forecasting of the firm's financial ratios for a future time period by using its
own ratios from previous periods. Indicate whether the statement is true or false