Seth offers to buy a house from Tia for less than Tia paid for it, stating that he would "hate to see anything bad happen to Tia or her house.". Tia agrees to sell. Regarding this agreement, a court would likely
a. enforce it.
b. not enforce it.
c. reform it to reflect the true market value of the property.
d. order the parties to renegotiate the price.
B
You might also like to view...
The following information was taken from the operating activity section of the 2016 statement of cash flows for Limited Corp: Additions to net income: Change in accounts payable $2,000 Deductions from net income: Change in inventories 8,000 Based on the information provided, which one of the following conclusions is correct?
a. Inventories increased $8,000 in 2016. b. The direct method was used to prepare the operating section of the cash flow statement. c. Cash payments of merchandise exceeded cost of goods sold by $2,000. d. Accounts payable decreased $2,000 in 2016.
The tendency for decision-makers to be influenced by the way a situation or problem is presented to them is known as the ________ bias.
A. overconfidence. B. escalation of commitment bias. C. hindsight. D. availability. E. framing.
Which of the following correctly calculates the late start for an activity?
A. LF - SL B. ES - DUR C. ES - SL D. LF - DUR E. EF - DUR
Lucky Louie just won the lottery! He has a choice of taking $1,000,000 in cash or receiving $50,000 per year for 30 years beginning at the end of this year. The best way to make this choice is to
A) consult a tax advisor. B) consult an oracle. C) calculate the future value of the annuity payments. D) calculate the present value of the annuity payments.