Alice signs a contract with Bob to buy Bob's house for $150,000, with the clause, "if I am able to obtain a mortgage loan for $125,000, at no more than 7% interest, payable over 15 years." Assume that Alice tries but is unable to obtain the described loan, and therefore refuses to proceed with the purchase. Alice is in breach of the contract.
Answer the following statement true (T) or false (F)
False
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How does an electronic agent react to a counteroffer? Explain with an illustration
What will be an ideal response?
In the EPQ model, ______.
A. the larger the quantity produced from each production setup, the fewer the production runs are needed to meet demand B. the smaller the quantity produced from each production setup, the fewer the production runs are needed to meet demand C. the larger the quantity produced from each production setup, the fewer the production runs are needed to avoid stock-outs D. the smaller the quantity produced from each production setup, the fewer the production runs are needed to avoid stock-outs
Which of the following statements regarding ratio analysis is incorrect?
A. Ratio analysis involves making comparisons between different accounts in the same set of financial statements. B. Ratio analysis is a specific form of horizontal analysis. C. There are many different ratios available for evaluating a firm's performance. D. Some ratios involve an account from the balance sheet and one from the income statement.
Which of following is a reason for a low-dividend-payout policy?
A) Low-dividend-payout clientele are willing to pay a higher price per share than high-dividend payout clientele. B) Avoidance of transaction costs for selling shares C) Convenient and direct deposit of cash dividend D) Less need for additional costly outside funding