Which of the following statements best describes specific performance?
A) compelling a party to perform in such a way as to meet the terms of the contract
B) correcting the terms in an agreement so that they reflect the true understanding of the parties
C) replacing one party of a contract with another party
D) canceling a contract
A
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A trade-in allowance cannot be greater than the book value of the asset traded
a. True b. False Indicate whether the statement is true or false
You and your co-workers are struggling to learn a new software program at work, and you are on a tight deadline to get a report to a major client when your boss decides to step in. Which of the following uses of power by your boss would run counter to the common goals at work?
A. sharing new guidelines he just received from the software engineers B. offering to take the team to dinner when the report is complete C. sitting with your team and troubleshooting the program alongside you D. announcing that anyone who is not proficient by Friday will be replaced
The law that requires most employers to provide time off for medical reasons, to care for a sick family member, or to care for a new child is the
a. Worker’s Compensation Act b. Affordable Care Act c. Family and Dependents Care Act d. Family and Medical Leave Act
Long-term debt financing is normally used to provide working capital to finance inventory, accounts receivable, and operation of the business.
Answer the following statement true (T) or false (F)