Ray buys a rural vineyard from Sergio, who claims that it would be a prime site for a housing subdivision. Ray later learns that the law does not permit the land to be used for housing. Ray may
a. not rescind the contract.
b. rescind the contract only if Ray did not know the law before the deal.
c. rescind the contract only if Sergio knew about the law before the deal.
d. rescind the contract only if the law is not common knowledge.
A
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The time value of money concept is given consideration in long-range investment decisions by
a. investing only in short-term projects. b. weighting cash flows with subjective probabilities. c. assuming equal annual cash flow patterns. d. assigning greater value to more immediate cash flows.
Kathleen wants to make a good first impression when she arrives at her interview. What should she do?
A) Focus on appearing enthusiastic and professional only to her interviewer(s); other people she meets in the office are not as important. B) Initiate a handshake with the interviewer. C) While waiting to be called into the interview, check the Internet on her phone to find out more about the company. D) Kathleen should do all of these.
Tarek has included a subject line in his memo that reads " Company Will Downsize March 5th." This is a good strategy to get straight to the point of his message
Indicate whether the statement is true or false
The substitution rates give
A) the number of units of each basic variable that must be removed from the solution if a new variable is entered. B) the gross profit or loss given up by adding one unit of a variable into the solution. C) the net profit or loss that will result from introducing one unit of the variable indicated in that column into the solution. D) the maximal value a variable can take on and still have all the constraints satisfied. E) None of the above