Banner enters into a contract with Sylvia to buy her house for $150,000 . Sylvia decides later not to sell because she is so emotionally attached to the house. Banner insists that he is entitled to the house. Banner can successfully sue for specific performance
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
The sale of treasury stock at an amount less than cost results in a loss to be reported on the income statement
Indicate whether the statement is true or false
Which of the following statements is true of drug testing?
A. There are no laws prohibiting employers from inquiring about an employee's use of prescription drugs. B. Drug testing tends to provide a productivity benefit for companies. C. Drug testing allows employees to control their environment. D. There are no legal issues relating to monitoring employees through drug testing.
An example of nonsystematic retailing research is _____
a. interviewing consumers b. experimentation c. observing consumers d. the use of intuition
Suppose a firm's senior management is careful to make decisions that contribute to the goal of wealth maximization. If our basic assumptions about the relationship between risk and return are valid, which of the following statements is correct?
A. If the beta coefficient of a capital budgeting project is greater than the firm's beta coefficient, the required rate of return used to evaluate the project should be less than the firm's existing required rate of return. B. If the beta coefficient of a capital budgeting project is less than the firm's beta coefficient, the required rate of return used to evaluate the project should be greater than the firm's existing required rate of return. C. If the beta coefficient of a capital budgeting project is greater than the firm's existing beta coefficient, the firm's beta coefficient will decrease if the project is purchased. D. If the beta coefficient of a capital budgeting project is greater than the firm's existing beta coefficient, the firm's required rate of return will increase if the project is purchased. E. If the beta coefficient of a capital budgeting project is greater than the firm's existing beta coefficient, the firm should use required rate of return that is based on its existing beta coefficient to evaluate the project.