Joy and Kris enter into a contract for Kris to lay sod in Joy's yard for which she agrees to pay Kris. When Kris's schedule conflicts, she contacts Leza, to whom Kris "assigns all rights under the contract." Kris is

A. absolved of any liability under the contract.
B. in breach of the contract with Joy.
C. liable to Joy if Leza does not perform.
D. liable to Leza for inducing a prohibited contract.


Answer: C

Business

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Answer the following statement true (T) or false (F)

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A bond is issued at a discount when a bond's stated interest rate is ________.

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Immediately after receiving the 2017 dividend, she sold the stock for $32.50 per share. Her internal rate of return on this investment was A) 9.17%. B) 10.25%. C) 11.99%. D) 13.85%.

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