Mike entered into a contract with Coins-R-Us to purchase a rare coin. When Mike tendered payment, Coins-R-Us refused to perform. If requested, the court will grant:
a. reformation.
b. specific performance.
c. restitution.
d. punitive damages.
b
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_____ can be very tiny, about the size of a rice grain, or several square inches, depending on the amount of information they need to contain and the environment in which they are used.
A. Infrared Data Association cards B. Radio Frequency Identification tags C. Bluetooth ports D. Micro tags
The prices of bonds are quoted as a percentage of the bonds' market value
Indicate whether the statement is true or false
The JPB partnership reported net income of $160,000 for the year ended December 31, 20X8. According to the partnership agreement, partnership profits and losses are to be distributed as follows: JPBSalaries$50,000 $60,000 $30,000 Bonus on net income 10% 5% 10% Remainder (if positive) 60% 30% 10% Remainder (if negative) 30% 40% 30% How should partnership net income for 20X8 be allocated to J, P, and B? JPBA)$96,000 $48,000 $16,000 B)$58,000 $64,000 $38,000 C)$60,000 $60,000 $40,000 D)$66,000 $68,000 $46,000
A. Option A B. Option B C. Option C D. Option D
Since commercial bank loans are cheaper than trade credit, few firms use trade credit.
Answer the following statement true (T) or false (F)