Which of the following is permitted by courts today in the event of a material breach of contract?
A) obtaining specific performance if dollar damages are practicable as compensation
B) reforming the contract to help view the breach as a minor breach of contract
C) curing the material breach if the contract's time period has not lapsed
D) seeking an exception to the parol evidence rule
C
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"Capital surplus" would be credited with the excess received over par value for shares issued by the corporation
a. True b. False Indicate whether the statement is true or false
Ethan was a professional classical guitar player until a motorcycle accident left him disabled
After long months of therapy, he hired an experienced luthier and started a small shop to make and sell Spanish guitars. The guitars sell for $600, and the fixed monthly operating costs are as follows: Rent and utilities $600 Wages and benefits to luthier 2,200 Other expenses 470 Ethan's accountant told him about contribution margin ratios, and Ethan understood clearly that for every dollar of sales, $0.60 went to cover his fixed costs, and anything above that point was profit. Ethan wishes to earn $5,000 of operating profit each month. Calculate the amount of sales revenue required to achieve the target profit. (Round your answer to the nearest dollar.) A) $5,450 B) $8,175 C) $13,784 D) $20,675
A corporation is considered a citizen:
A) under the Fourteenth Amendment's "privileges or immunities" clause. B) of the state of its incorporation or where it has its principal office. C) of all states where it does business. D) All of these statements are true.
Microsoft's version of scripting that uses the Java syntax is called ________
a) JavaScript b) JScript c) ECMAScript d) J++