Which of the following statements is FALSE? A receiver
A) has the power to run the business
B) can take control of a company's assets and sell them off
C) does not have to be appointed by a court
D) that sells assets must try to get a reasonable commercial value for them
E) can get its power under the terms of a general security agreement
A
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The courts will find an implied contract when
a. justice demands it. b. conduct of the parties indicates they intended an agreement. c. there is promissory estoppel. d. there is undue influence.
Spicy & Hot, Inc is interested in expanding its Mexican food restaurant into a Mexican food catering business. Spicy & Hot, Inc buys a new delivery van from Van World. Spicy & Hot, Inc is a buyer in the ordinary course of business when purchasing the van
Indicate whether the statement is true or false
The basic elements of a contract are: offer, acceptance, consideration, genuine consent and court approval
a. True b. False Indicate whether the statement is true or false
The percentage change in the call option price divided by the percentage change in the stock price is the __________ of the option.
A. delta B. elasticity C. gamma D. theta