Ambrose enters into a contract to buy 350 acres from Belle Vista Farms to cultivate grapes and open a winery.? Refer to Fact Pattern 17-1. If Ambrose breaches the contract, Belle Vista's remedy would most likely be
A) the amount that Ambrose expected to invest in the project
B) a percentage of Ambrose's unrealized profit.
C) the difference between the land's contract and market prices.
D) specific performance.
C
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Indicate whether the statement is true or false
Primary data need not be collected when secondary research is relevant, current, and reliable
Indicate whether the statement is true or false
Changes in a firm's bond rating affect its ability to:
A. claim deductions in tax liability computation. B. procure raw material in sufficient quantity for manufacturing processes. C. increase the coupon rate on bonds issued to investors. D. borrow long-term capital as well as the cost of such funds. E. exercise a call provision on its bonds.
Casey has $1,000 to invest and would like to buy a $3,000 jet-ski in four years. If interest is compounded annually, what interest rate will she have to receive to reach her goal?
A) 300% B) 16% C) 32% D) 3% E) 7%