When the goods identified to a contract are totally destroyed through the fault of neither party
before risk of loss passes to the buyer:
A) The contract is void.
B) The seller is obligated to find replacement goods.
C) The seller is liable to the buyer for damages.
D) The contract is voidable by the buyer.
A
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An employer's exclusion of workers from a workplace until they meet certain conditions is known as a
A. sabbatical. B. picket line. C. strike. D. mediation. E. lockout.
Which verbal support de?nes, analyzes, or describes?
A) example B) comparison C) statistic D) explanation
All other things held constant, the present value of a given annual annuity increases as the number of periods per year increases.
Answer the following statement true (T) or false (F)
Everything else equal, a project that has a long traditional payback period (PB) _____.
A. has greater implied risk than a project that has a shorter PB B. generally ensures the firm has enough liquidity to survive for a fairly long period of time C. must have a positive net present value (NPV) D. has an expected rate of return that is greater its internal rate of return E. results in a terminal value that is greater than the present value of its cash outflows