Name the two types of nonfraudulent misrepresentation. Identify the remedies that may be available


Nonfraudulent misrepresentation includes negligent and innocent misrepresentation. Negligent misrepresentation is made without due care, and innocent misrepresentation is made without knowledge of the falsity of the representation but with due care. The remedies available for nonfraudulent misrepresentation are rescission and damages.

Business

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Which of the following statements is CORRECT?

A. On an expected yield basis, the expected capital gains yield will always be positive because an investor would not purchase a bond with an expected capital loss. B. On an expected yield basis, the expected current yield will always be positive because an investor would not purchase a bond that is not expected to pay any cash coupon interest. C. If a coupon bond is selling at par, its current yield equals its yield to maturity. D. The current yield on Bond A exceeds the current yield on Bond B; therefore, Bond A must have a higher yield to maturity than Bond B. E. If a bond is selling at a discount, the yield to call is a better measure of return than the yield to maturity.

Business

Inventory of finished goods on hand at the beginning of the quarter is 4,000 units. The company desires to maintain ending inventory equal to beginning inventory plus 1,000 units every month. Calculate the quantity to be produced during the quarter.

Stratosphere, Inc. has the following budgeted sales for the next quarter.

Business

Employment stability, team-based behaviors, and strategy-focused behaviors are used as part of an HR Scorecard to assess

A. workforce deliverables. B. HR deliverables. C. external objectives. D. top management support.

Business

A firm can vary supply of product by controlling

A) revenue. B) pricing. C) demand. D) capacity.

Business