A decree of specific performance is a court order that demands the seller or lessor to perform the contract
Indicate whether the statement is true or false
TRUE
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Packaging can be an important differentiator
Indicate whether the statement is true or false
Janet pulls her car into a line for a car wash. Janet says nothing and her car is washed by the
employees there. Janet then refuses to pay for the car wash, stating that there is no contract. What would the results be in a lawsuit over this situation? A) Janet wins; because the car wash made no promise to wash her car, there is no contract. B) Car wash wins; this is an implied-in-fact contract that has been accepted. C) Janet wins; because she said nothing, there can be no contract. D) Car wash wins; this is an express, unilateral contract that has been accepted.
Julio Company purchased a $200,000 machine that has a four-year life and no salvage value. The company uses straight-line depreciation on all asset acquisitions and is subject to a 30% tax rate. The proper cash flow to show in a discounted-cash-flow analysis as occurring at time 0 would be: (Click here to view PV table.)
A. $(200,000). B. $50,000. C. $(140,000). D. $15,000. E. $(35,000).
Which of the following investment options offers the lowest risk and the lowest potential return?
A. Series EE bonds B. money market mutual funds C. collectibles D. small cap stocks