Carlton paid Oscar $10,000 for a rare first edition of a J.R.R. Tolkien novel. The sales contract states that the book is to be delivered within ten days. Carlton, however, refused to deliver the book as promised. In order to sue for the UCC remedy of specific performance, Oscar must prove that money damages will not be adequate compensation for his loss
Indicate whether the statement is true or false
False
You might also like to view...
Your communication goals should include ________ if you're sending bad news about transactions
A) modifying the customer's expectations B) changing your plan for resolving the situation C) ignoring any damage to the business relationship D) pinpointing what the customer did wrong E) refusing to acknowledge the customers concerns
The ___________________ ethical theory stresses an individual's duty to respect the human dignity of others.
Fill in the blank(s) with the appropriate word(s).
As a foreign exchange trade at Deutsche Bank, one of your customers would like a yen quote on Australian dollars. The current spot market rates are ¥101.37-85/U.S.$ and A$1.2924-44/U.S.$
What bid and ask yen cross rates would you quote on spot Australian dollars? What will be an ideal response?
Restrictive covenants can
A) limit the amount of dividends the firm can pay. B) limit the ability of the firm to issue additional debt. C) restrict the ability of the firm to enter into a merger agreement. D) do all of the above. E) do only A and B of the above.