A mentally ill person (not judged incompetent by a court) can be held liable for necessaries in a quasi contract
Indicate whether the statement is true or false
T
You might also like to view...
When revenue is earned before the receipt of cash, an adjustment that increases a receivable and decreases a liability account is recorded
a. True b. False Indicate whether the statement is true or false
The process of sending and receiving information without the use of written or spoken language is called what?
A) Listening B) Selective perception C) Nonverbal communication D) Selective participation E) Process communication
The last dividend payment of a stock was $0.75 and this dividend is expected to grow at 8% per year for three years. After that, the dividend will grow at 3% indefinitely. Assume that the transition between 8% and 3% will be gradual rather than instantaneous. The transition period is 3 years. Using the H-Model, what is the correct formula for B7 if the required rate of return on this stock is 12%?
a) =B1/(B2-B4*(1+B4+B5+B5+B6)/2*(B3-B4))
b) =(B1/(B2-B4)*(1+B4+(B5+B6)/2*(B3-B4)))
c) =(B1/(B2+B4)*(1-B4-(B5-B5-B6)/2*(B3+B4)))
d) =(B1/(B2-B3)*(1+B2+(B5+B5+B6)/2*(B4-B3)))
e) =(B1/(B2-B4)*(1+B4+(B5+B5+B6)/2*(B3-B4)))
If a stock's market price exceeds its intrinsic value as seen by the marginal investor, then the investor will sell the stock until its price has fallen down to the level of the investor's estimate of the intrinsic value.
Answer the following statement true (T) or false (F)