Megan signs a contract saying she will sell Scott a rare Pokemon card for $5000 . She later refuses to sell the card. Scott sues Megan and the court orders Megan to sell the card to Scott for $5000 . This is an example of the equitable remedy of:
a. specific price
b. specific compensation c. specific cost
d. specific performance e. specific adherence
d
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Pat told her friends that her car got 35 miles to the gallon in the city when in reality it only got 20 miles per gallon. When Pat decides to sell and one these friends decides to buy the car, Pat is under no duty to tell the correct figure unless asked
a. True b. False Indicate whether the statement is true or false
Other things held constant, which of the following will not affect the current ratio, assuming an initial current ratio greater than 1.0?
A. Fixed assets are sold for cash. B. Long-term debt is issued to pay off current liabilities. C. Accounts receivable are collected. D. Cash is used to pay off accounts payable. E. A bank loan is obtained, and the proceeds are credited to the firm's checking account.
Figure 6-1The question mark in Figure 6-1 above which results from the imposition of tariffs and quotas is referred to as
A. protectionism. B. import taxation. C. blocked competition. D. domestic imperialism. E. trade restriction.
_____ occurs when consumers remember only information that supports their personal feelings or beliefs.
A. Intermittent reinforcement B. Selective exposure C. Selective retention D. Faulty selectivity E. Selective distortion