Under the CISG, the fixing by the buyer of an additional reasonable period of time in which the seller may perform is known as ________

A. délai de grâce
B. de minimis
C. nolo contendere
D. Nachfrist notice


D

Business

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IFRS uses the idea of a disposal group, a group of assets and directly associated liabilities that a firm will dispose of as a group in a single transaction. The disposal group notion of IFRS envisions a larger unit than the component notion of U.S. GAAP. In the year that a firm decides to sell or otherwise dispose of a unit that qualifies as a discontinued operation, it aggregates the assets and

liabilities of that unit on the balance sheet into four groups. Which of the following is not one of the groups? a. current assets b. noncurrent assets c. current liabilities d. noncurrent liabilities e. contingent liabilities

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Sales to customers who use nonbank credit cards, such as American Express, are generally treated as credit sales

Indicate whether the statement is true or false

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The orthopedics department at your hospital is thinking about merging with the sports medicine department, which has in the past shared physicians, physician assistants, and nursing and support staff, but they have always had their own departmental structures and leadership. The merger is being considered because the staffs currently share exam rooms, operating theatres, and many administrative and diagnostic equipment and procedures. The hospital administration thinks the merger will help save administrative costs without detriment to patient care. Staff members are nervous about this merger and wonder if it will cause changes in shifts, long-standing surgical work groups, and even loss of jobs. You are the leader of the sports medicine department. You have used adaptive leadership in

past challenges and are going to try it now. Apply the adaptive leadership model to this situation and describe some of the major steps you will take to deal with this potential merger. What will be an ideal response?

Business

You live in an Eichler-built house in Cupertino California. You admire Apple so much that it is the only stock that you want in your portfolio

You have $100,000 of your own money to invest and you intend to buy more Apple on margin by borrowing an additional $40,000. Your broker will lend to you at the risk free rate, 5%, and has guaranteed the lending rate for the duration of your investment. Apple's expected return is 12% and the expected return on the market is 8%. Apple's beta is 1.25. What beta do you expect from your portfolio? A) 1.25 B) 1.45 C) 1.55 D) 1.65 E) 1.75

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