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Other Situations Involving Voidable Contracts
Laura removes the airbags from a used car, and then offers to sell the car to David without disclosing the removal. David agrees to purchase the used car without asking any questions about the airbags or investigating whether they are present. Upon discovering the missing airbags one day later, David is upset. State whether this situation involves fraud, misrepresentation, mutual mistake or unilateral mistake and explain your answer.
Buffelhead's stock price is $234 and could halve or double in each six-month period (equivalent to a standard deviation of 96%). Assume that you own an American put option on Buffelhead stock with an exercise price of $234. The interest rate is 19% a..
As the value of the Gini coefficient approaches one, The Gini coefficient is measured by
J.W. Kingdon describes the agenda setting stage of policy formulation as a function of the confluence of three "streams" of activities: problems, possible solutions to the problems, and political circumstances
Which is the best measure of risk for a single asset held in isolation, and which is the best measure for an asset held in a diversified portfolio?
Which one of the following is an example of diversifiable risk?
security a has a beta of 1.0 and an expected return of 12. security b has a beta of 0.75 and an expected return of 11.
You own a security that provides an annual dividend of $135 forever. The security’s annual return is 5%. What is the present value of this security? Round your answer to the nearest cent.
what cash flows are relevant to the value of stock?why the fed was initially established?suppose a firms stock has a
what overall net income would be produced if the admission rate of the capitated group were reduced from the commercial
Show the effect, if any, of each of the following errors on ending inventory, cost of goods sold, gross profit on sales, and net income by placing the appropriate symbol in each column. In use is the periodic inventory system. Use the following symbo..
Let’s say McDonalds needs to raise $1 billion to expand into Africa. Determine whether McDonalds should have used all debt, all stock, or a 50/50 combination of debt and stock to finance this market-development strategy. Assume a 38 percent tax rate,..
Both Bond Bill and Bond Ted have 7 percent coupons, make semi-annual payments, and are priced at par value. Bond Bill has 3 years to maturity, whereas Bond Ted has 20 years to maturity. If interest rates suddenly rise by 2 percent, what is the percen..
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