In Hinson v. N&W Construction Co, where N&W relied on a plumbing bid by Hinson in making a bid on a construction contract that was later awarded, the court held that N&W could rely on the bid based on promissory estoppel
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following statements is true about strict liability?
A) It applies only to manufacturers of a defective product. B) It is liability without fault. C) It requires privity of contract between the plaintiff and the defendant. D) It covers casual sales and transactions.
The CEO of Harding Media Inc. as asked you to help estimate its cost of common equity. You have obtained the following data: D0 = $0.85; P0 = $22.00; and gL = 6.00% (constant). The CEO thinks, however, that the stock price is temporarily depressed, and that it will soon rise to $40.00. Based on the dividend growth model, by how much would the cost of common from reinvested earnings change if the stock price changes as the CEO expects?
A. ?1.49% B. ?1.66% C. ?1.84% D. ?2.03% E. ?2.23%
Partnerships have the ability to raise large quantities of cash by selling stocks and bonds
Indicate whether the statement is true or false
What is a bond with an embedded option?
What will be an ideal response?