A third party beneficiary is someone who is not:
a. a legal and recognized type of beneficiary.
b. intended to benefit from the contract.
c. a party to the original contract.
d. intended to enforce the contract.
c
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Which of the following statements is/are true about the pH scale?The scale ranges from 1 to 15.
Answer the following statement true (T) or false (F)
Transcontinental Tours, a U.S. firm, and Victoria Hotels, Ltd., a Canadian firm, enter into a contract that does not have a forum-selection or choice-of-law clause. Litigation between Transcontinental and Victoria over a dispute involving this contract may occur in
a. Canada only. b. Canada or the United States, but not both. c. Canada, the United States, or both. d. the United States only.
Which of the following is not a reason analyst recommendations are often more optimistic than warranted by an objective analysis of the facts?
A. Many analysts fail to grasp the gravity of the problems facing a company. B. Sell recommendations generate lower commissions than buy recommendations. C. Analysts are often pressured by their superiors to overlook negative information. D. The firms for which analysts work may have lucrative investment banking relationships with the firm.
Statutes of many states will shorten the time for valid post-dissolution claims if the dissolving corporation
A. sends written notice to all known creditors and publishes notice in a legal newspaper. B. holds a meeting of creditors. C. files a notice to creditors with the secretary of state. D. sends notice to all shareholders.